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Choppy oil keeps investors on edge, stocks brace for big earnings week
The short-term focus again was oil prices, which swung sharply as investors weighed Yemen's Iran-aligned Houthis declaring a naval blockade against Saudi Arabia against Reuters reporting that mediators had passed Iran a proposal to de-escalate the war with the U.S. Benchmark Brent crude was flat on the day at $88.3 a barrel, having earlier climbed above $90 for the first time in more than a month.
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channelnewsasia.com
Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major…
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Bonds unsettled as oil and gas climb, earnings loom for AI
SYDNEY/LONDON, July 20 : The escalating conflict in the Gulf lifted oil and gas prices on Monday, fanning fears of inflation, sending bonds lower and leaving stocks on edge as a…
