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Iran-Driven Oil Price Surge - Full Coverage
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1Concerns grow as Iran tensions may push oil prices to $100 per barrel.
2Rising oil costs increase production expenses, hurting export competitiveness.
3Domestic prices are expected to rise, increasing the cost of living.
1Iran is threatening energy supplies by blocking the Strait of Hormuz.
2Global oil prices surged 16% in just five days due to the blockade.
3Concerns over inflation rise as global energy supply instability grows.