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WASHINGTON — President Donald Trump’s widening war in Iran is causing oil prices to fluctuate wildly, making fuel more expensive for consumers and businesses and threatening to cause a larger crisis in the global economy.
Oil spiked to as high as $119 a barrel on Monday, up from just about $70 before the war began. It then dropped back down to under $90. But Republicans on Capitol Hill are mostly urging Americans to ignore the seesaw and have patience, insisting the conflict won’t last long enough to seriously hurt consumers’ pocketbooks.
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“I don’t know how anybody can be surprised.
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