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Global Market: European shares hold steady as Hormuz uncertainty keeps oil prices elevated

European shares were broadly flat on Monday as uncertainty over the Strait of Hormuz kept oil prices elevated. Investors awaited key economic data and monetary-policy signals, while strong corporate earnings and expectations of lower U.S. borrowing costs supported sentiment. Energy and technology stocks gained, but geopolitical risks and elevated crude prices limited broader market gains.

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economictimes.indiatimes.com2 g fa

Global Market Today: Asian shares trade lower; oil holds gains

Oil gains 10% to $87.70 as Middle East deal talks stall, reviving inflation concerns. Friday's weak jobs data faded rate-hike bets, but Wednesday's CPI could reverse direction, forcing multiple Fed moves that threaten tech budgets and hiring.

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apnews.com1 g fa

Oil prices hold steady after jumping 5%, while Asian shares are mixed

Shares are mixed in Asia, while oil prices are holding steady after gaining 5% due to questions over when the Strait of Hormuz could reopen and get the global flow of crude going again.