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HomeBusinessAsian shares skid after oil prices surge on Gulf conflict

Asian shares skid after oil prices surge on Gulf conflict

SYDNEY: 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 from the Federal Reserve, The post Asian shares skid after oil prices surge on Gulf conflict appeared first on Daily The Patriot.

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