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Iran War Becomes a Contest of Who Can Take the Most Pain
EY-Parthenon's chief economist predicts oil prices above $100 and natural gas surges, with US growth slowing by up to 1.2%, if Iran conflict continues.
- On Sunday, the war involving Iran, Israel, and the United States began, and reports say Iran targeted major tech firms including Google, Amazon, and Microsoft, with strikes on Amazon data centres in the UAE and Bahrain.
- Iran is seeking to inflict economic pain by disrupting supply and infrastructure, with Iranian state media releasing a hit list of American tech companies and threats to target ships despite stern US warnings.
- Oil swung from $115 in the morning to $90 and then $85, with Daco warning prolonged war could push crude above $100, raising gas prices and slowing US and European growth.
- US military warned civilians in Iran to avoid port facilities where Iran's navy operates, indicating military concern and safety risks, while President Donald Trump predicted the war will end soon, with sources noting Iran cannot match American force.
- Supply‑shock dynamics now shape markets, with Greg Daco noting natural gas faces storage limits while crude oil issues stem from disrupted flow, altering investors' moves away from US treasuries.
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20 Articles
DUBAI.– The war with Iran, with all its complexity and global effects, comes down to a single question: who can endure the pain for longer?A surge in oil prices points to what could be Iran's most effective weapon and the U.S.'s greatest vulnerability to continue the campaign: damaging the world economy.A sharp rise in naphtha prices shook consumers and financial markets, and international travel and shipping were seriously disrupted. U.S. Presi…
·Buenos Aires, Argentina
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Conflict is becoming a test of endurance.
LancasterOnlineReposted by 
Santa Maria Times
Santa Maria TimesDUBAI, United Arab Emirates (AP) — The war with Iran, with all its complexity and global effects, boils down to a single question: Who can endure the pain the longest?
·Lancaster, United States
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Total News Sources20
Leaning Left2Leaning Right2Center16Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
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