ReferIndia News Asian shares fall, oil prices surge again as Iran hits tankers near Hormuz

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Asian shares fall, oil prices surge again as Iran hits tankers near Hormuz

Published on: March 12, 2026, 7:35 a.m. | Source: Business Standard

Iran had earlier stepped up attacks on merchant ships in the Strait of Hormuz, telling the world to get ready for oil at $200 a barrel

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