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Brent tops $112 as deliveries through Strait of Hormuz cripple
Stock markets across Asia plunged on
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Stock markets across Asia plunged on Thursday after a simultaneous spike in attacks on energy facilities in the Persian Gulf and statements from two major central banks pledging to keep interest rates unchanged. These events pushed oil to new highs and amplified uncertainty for traders, who must balance supply/risk concerns against signals from US and Japanese monetary policy. Brent crude topped $112 a barrel in morning trade after a series of strikes on energy assets around the Gulf, the Economic Times reports. Israel
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