Iran, Israel and Oil
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Iran missiles cause multiple casualties in Israel
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Israeli energy company Bazan said its Haifa oil refinery suffered pipeline and transmission line damage during Iran’s overnight missile barrage. Refining core facilities continue to operate at the site,
Israel unleashed airstrikes across Iran for a third day on Sunday and threatened even greater force as some Iranian missiles evaded Israeli air defenses to strike buildings in the heart of the
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be physically impossible.
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