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Oil markets take wait-and-see approach amid Israel-Iran tensions

Despite fears of regional conflict upending oil markets, some experts say that Gulf oil facilities or crude oil tankers would have to be hit directly for any major upheaval to the market in the near term.

GIUSEPPE CACACE/AFP via Getty Images
A man watches stock movements on a display at the Dubai Financial Market stock exchange in the Gulf emirate on April 12, 2022. — GIUSEPPE CACACE/AFP via Getty Images

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