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Iran is warning that oil prices could reach 200-dollars a barrel as the war with the U.S. and Israel continues.

Oil prices were up in early trading this morning after news of two oil tankers that came under suspected Iranian attack in the Persian Gulf.

Prices spiked briefly again over a hundred dollars a barrel before dropping back down into the 90s. The ongoing war has put energy markets on edge, thanks to severe supply disruptions.

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