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The Independent UK
The Independent UK
World
Shweta Sharma

Oil prices soar and Asian markets sink as Trump joins Israel’s war on Iran

Oil prices surged to a five-month high and Asian share markets tumbled as global trading resumed for the first time since the US joined Israel in striking Iranian nuclear facilities, jolting investors and raising fears of wider regional instability.

Investors were waiting to see how Iran would respond after Tehran vowed that the American attack would have “everlasting consequences” and declared that it was keeping all options open.

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