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Oil surges, stocks fall on Middle East fears as Israel strikes Iran
Oil surges, stocks fall on Middle East fears as Israel strikes Iran
Economy
by  AFP

Oil prices soared and stocks sank Friday after Israel launched "preemptive" strikes on Iran's nuclear and military sites and warned of more to come, stoking fears of a full-blown war. The US leader said he believed a "pretty good" deal on Iran's nuclear programme was "fairly close", but that an Israeli strike on the country could wreck the chances of an agreement.