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Oil designate blasts previous $100 a barrel, stock markets tumble on Monday opening

Oil designate blasts previous $100 a barrel, stock markets tumble

Donal O’Donovan

Oil prices blasted previous $100 bucks a barrel for the principle time in practically four years in a single day, after trading opened in Asia, triggering a worldwide stock market tumble.

Fears the escalating conflict in Iran is choking off crude offers caused the surge in prices.

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