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How Retaliation by Iran Could Send Gas Prices Soaring

Posted

June 23, 2025

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The weekend attacks by the United States on Iran’s nuclear facilities are sparking concerns about economic retaliation, as one-fifth of the world’s oil passes through the Strait of Hormuz, which borders Iran. NBC’s Christine Romans joins TODAY with a look at how the fallout could impact the price of gas and global markets.

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#iran #middleeast #economy

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