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Middle East war: global economic fallout

Oil rises, stocks fall Oil prices rose further above $100 a barrel and Asian stocks mostly fell as the Iran war moved into a third week. A barrel of Brent was up almost three percent at nearly $106 in mid-morning trading in Europe. Crude rose after US President Donald Trump said at the weekend that forces struck military targets on Kharg Island, a scrubby stretch of land in the Gulf that handles almost all of Iran's oil exports. Trump warned attacks could expand to energy infrastructure if the...
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