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Monday, July 13, 2026
HomeBusinessShares skid in Asia as oil climbs on Gulf conflict

Shares skid in Asia as oil climbs on Gulf conflict

SYDNEY, July 13: Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates

Read full story on Channel Newsasia

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