The Iran war sent oil prices soaring on Monday after Tehran marked the appointment of its new supreme leader with a new barrage of missiles targeting Israel and the Gulf energy industry.
As Iran welcomed Ayatollah Mojtaba Khamanei as successor to his father, oil prices surged past $100 a barrel, Saudi Arabia battled drones targeting oil fields and Bahrain's energy company warned that it may be unable to fulfil export contracts.
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