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Most Asian Equities Drop as Mideast Crisis Rages, Though Oil Dips
The US-Israel strikes on Iran have pushed crude oil prices up about 20% since Feb. 27, intensifying inflation fears and causing global market volatility.
- With the United States and Israel continuing strikes, they targeted Iran, which reportedly struck Gulf targets in retaliation.
- This week the fighting shows no signs of letting up, with repeated strikes and counterstrikes sustaining the conflict.
- Global markets wavered as elevated geopolitical risk pressured global financial markets and energy-market prices dipped amid the escalation.
- Short-Term investor reaction occurred as markets wavered following hits on Gulf targets, raising risks to regional stability and energy supplies.
- Published on doc.afp.com, AFP coverage reports on the confrontation involving the United States, Israel and Iran, drawing global attention.
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49 Articles
49 Articles
+15 Reposted by 15 other sources
Oil prices surge as Mideast war rages, stocks fall on US jobs
Crude prices surged higher Friday as oil fields in Iraq came under attack and US Donald Trump demanded Iran's unconditional surrender, while stocks slumped after data showed a surprise drop in jobs in the United States.
+17 Reposted by 17 other sources
Equities mostly drop as Mideast crisis rages, though oil dips
Most stocks in Asia fell Friday as the war in the Middle East showed no sign of ending, though there was some reprieve from the surge in oil prices after the United States looked to ease supply concerns.
Coverage Details
Total News Sources49
Leaning Left7Leaning Right8Center13Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 25%
C 46%
R 29%
Factuality
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