The Guardian Australia – Business · business
Oil prices rise as Asian stocks dip amid Middle East ceasefire concerns
13 hours ago
Oil prices increased while Asian stocks fell due to concerns over a fragile ceasefire deal in the Middle East. Broker Mohit Kumar noted that Iran has accused the U.S. and Israel of violating terms, which poses risks to regional stability. Gulf countries are particularly vulnerable to an emboldened Iran, delaying the Middle East's potential as an investment.
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Summary by Glance · Original reporting by The Guardian Australia – Business
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