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Monday, March 2, 2026
HomeBusinessOil prices surge, stocks skid in flight from risk

Oil prices surge, stocks skid in flight from risk

SYDNEY, March 2 : Oil prices surged on Monday and shares slid as military conflict in the Middle East looked set to last weeks, sending investors flocking to the relative safety of the dollar, gold and bonds.Brent jumped 7.5 per cent to $78.34 a barrel, while U.S. crude climbed 7.3 per cent to $71.88 per barr

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