Oil Prices Surge, Stocks Tumble Amid New US Strikes on Iran

oil prices stock markets Iran

L'essentiel

Oil prices soared and Asian stocks plummeted after the US launched new strikes against Iran, escalating tensions over the Strait of Hormuz.
Brent crude rose 4.7%, while markets like South Korea's Kospi dropped 8%.
Chip companies were severely hit.

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Oil prices soared and Asian stocks plummeted after the US launched new strikes against Iran, escalating tensions over the Strait of Hormuz. Brent crude rose 4.7%, while markets like South Korea's Kospi dropped 8%. Chip companies were severely hit.

Read the full article on Guardian UK

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This article was originally published by Guardian UK.

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