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Story summary
- The ongoing conflict in West Asia is severely impacting global oil supplies and prices.
- Congress MP Shashi Tharoor has urged ending the war, noting rising prices affect the world.
- Saudi officials warn that oil prices above $180 per barrel could trigger a global recession.
- The U.S. has temporarily eased sanctions on Iranian oil, while Iran disputes surplus crude.
- India has ramped up purchases of Russian oil, altering the global energy trade.
