​Oil prices spike, stocks sink as uncertainty over Iran settles in

Oil prices are spiking as the war in Iran intensifies and fears mount that there will be a prolonged disruption to global energy supplies. The Strait of Hormuz - where about a fifth of the global oil supply transits - has been effectively shuttered since the war began. And major Middle East producers are shutting down production as they run out of storage.  Toni Waterman has more.

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