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BenzingaBenzinga··European Capital Insights

Oil Surges to 9-Month High as Iran Strikes Roil Markets; Europe Faces Growth Headwinds

Oil prices spike to 9-month highs after US-Israel strikes on Iran. Euro core inflation eases to 2.2%, supporting ECB rate cuts, but Italy's growth weakens and shipping disruptions threaten supply chains.
BASFYAMKBYTKAMYAIIXYMiddle East tensionsIsrael-US strikes on Iran