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Panic Grips Markets as Oil Prices Surge Overnight on Israel-Iran War Fears
March 2, 2026
Oil prices increased by more than 8% on Monday, March 2, 2026, hitting their highest levels in months, after Iran and Israel intensified attacks across the Middle East, damaging tankers and disrupting shipments from one of the world’s most critical energy-producing regions. Futures for Brent crude climbed to an intraday high of Ksh 10,626 per
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