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The Nexus
BUSINESSJul 14 · 11:24 UTCTHE GUARDIAN WORLDLauren Almeida and Julia Kollewe

Oil price jumps as US-Iran clashes raise odds of interest rate rises

Oil and gas prices have increased following US military strikes against Iran, leading to higher expectations of interest rate rises in Europe. Stock markets have fallen as analysts anticipate UK rate hikes by year-end.

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