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The Nexus
SECURITYJun 1 · 11:16 UTCSEMAFORPrashant Rao

US, Iran trade blows again, driving oil prices higher

The US and Iran exchanged military strikes, pushing oil prices higher and casting doubt on peace talks. The US targeted Iranian radar and drone installations, while Iran attacked a US military base in Kuwait. Experts warn of rising energy market instability and question whether the conflict's instability is becoming permanent.

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