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The Nexus
BUSINESSJul 8 · 05:23 UTCAP NEWS

Oil prices jump after US strikes on Iran, while shares in Asia are mixed

Asian shares were mixed and oil prices surged over 2% following US strikes on Iran after Tehran claimed to have attacked three ships in the Strait of Hormuz. Shares in Greater China rose while other Asian markets fell, with tech stocks in China leading a rally as investors focused on domestic AI development.

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