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The Independent UK
The Independent UK
National
Jiang Junzhe

Asian shares slide while oil prices surge after Israel's strike on Iran

Financial Markets Wall Street - (Copyright 2025 The Associated Press. All rights reserved.)

Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran’s rapidly advancing nuclear program.

U.S. benchmark crude oil rose by $5.6, or 8.2%, to $73.61 per barrel. Brent crude, the international standard, increased by $5.52 to $74.88 per barrel.

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