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Crude Oil Prices Surge 3% Amid U.S.-Iran Tensions and Protests

Crude Oil Prices Surge 3% Amid U.S.-Iran Tensions and Protests

BUSINESS - 1/13/2026

Crude oil prices jumped nearly 3% following President Trump's cancellation of meetings with Iranian officials amidst escalating protests in Iran. The unrest has raised concerns over potential disruptions in oil supply, prompting a reaction in the global oil markets.

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