Iran, Israel and Oil
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Iran fires missiles at Israel's major cities
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The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Israeli energy company Bazan said its Haifa oil refinery suffered pipeline and transmission line damage during Iran’s overnight missile barrage. Refining core facilities continue to operate at the site,
"Never try and predict what the price of oil is going to be, because there's one sure thing: You're going to be wrong," says Baker Hughes CEO Lorenzo Simonelli.
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