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Middle East Tensions Shake Markets | Perth News
Description
Middle East tensions are spiking, sending oil prices soaring past $100 a barrel and rattling global markets as investors brace for key US inflation data. Escalating conflict in Yemen threatens energy supplies, while rising bond yields and volatile commodities add pressure. With central bank meetings looming — including the Fed’s critical rate decision and Japan’s potential move — traders are bracing for inflation-driven turbulence that could reshape financial markets for months to come.
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