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Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concerns
Eurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced a closure of the Strait of Hormuz. This renewed conflict has increased concerns over global inflation and economic stability.
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france24.com
Oil prices surge on US-Iran attacks
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging.
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swissinfo.ch
Oil Jumps, Bonds Fall on Renewed Inflation Fears: Markets Wrap
(Bloomberg) -- Oil rose and Treasuries fell after the US launched another round of strikes against Iran, reviving concern that higher energy prices will keep inflation elevated…
