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Jan 3, 2020

Why isn’t oil rising more after US-Iran escalation?

Oil prices spike after Iran vowed to take revenge on the U.S. for killing its top military general. Companies have added ping-pong tables, beer fridges and even saunas to their offices, but is having fun at work good for business?

Oil wells pump the oil fields of California's southern Central Valley. 
Oil wells pump the oil fields of California's southern Central Valley. 
David McNew/Getty Images

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Why isn’t oil rising more after US-Iran escalation?