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Oil Soars as Markets Weigh Inflation | San Antonio News
Published 1 day, 21 hours ago
Description
Oil surges past $89 a barrel as markets brace for Strait of Hormuz reopening uncertainty, while Asian stocks split—Samsung lifts South Korea, but Hong Kong and Shanghai dip. U.S. equities cool amid strong earnings, with Intel falling on new stock plans. Wall Street eyes slowing inflation this week, potentially easing Fed rate pressure. Dollar weakens slightly vs. yen and euro, gold edges higher.
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