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BUSINESSAug 4 · 13:07 UTCFORTUNEThe Associated Press, Yuri Kageyama

Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease

Global shares and oil prices rose as tensions with Iran eased and concerns over U.S.-Japan yen intervention subsided. Regional stock indices like France’s CAC 40, Germany’s DAX, and South Korea’s Kospi gained between 0.3% and 1.6%, while oil prices rebounded following U.S. President Donald Trump’s decision to delay strikes against Iran.

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Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease · The Nexus