Oil futures surged in the first trades since the United States and Israel launched strikes against Iran over the weekend.

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Over $529 million was wagered on US strikes on Iran on Polymarket, as analytics firms flagged possible insider trading, ...

The United States and Israel’s strikes on Iran are expected to spark a surge in oil prices when futures trading opens Sunday ...

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While Iran is an important supplier to economies including China, it is not critical to global oil consumption. It pumped 3.45mn barrels a day of crude oil in January, according to the International ...