Asian markets fall as oil surges past $100 after talks collapse
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Asian markets fall as oil surges past $100 after talks collapse
Asian markets opened lower and oil prices surged past $100 a barrel after US-Iran talks failed and Washington ordered a naval blockade of Iranian ports.
Japan’s Nikkei 225 fell 0.84 percent and the Topix slipped 0.42 percent, while South Korea’s Kospi dropped 1.83 percent.
Oil prices jumped sharply, with West Texas Intermediate rising 8.56 percent to $104.84 a barrel and Brent crude gainin
Asian markets opened lower and oil prices surged past $100 a barrel after US-Iran talks failed and Washington ordered a naval blockade of Iranian ports.
Japan’s Nikkei 225 fell 0.84 percent and the Topix slipped 0.42 percent, while South Korea’s Kospi dropped 1.83 percent.
Oil prices jumped sharply, with West Texas Intermediate rising 8.56 percent to $104.84 a barrel and Brent crude gainin
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