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BUSINESSJun 5 · 09:14 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM, Associated Press

World shares mostly decline, with South Korea's Kospi down more than 5%

World shares declined, with South Korea's Kospi dropping 5.5% due to falling AI-related stocks in the U.S. Oil prices continued to fall amid uncertainty over the Strait of Hormuz closure and Iran-related tensions.

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