InternationalNewsAPI
Oil prices surge while Asian share prices rise moderately - AP News
Overview
Oil prices have surged on worries of a prolonged Iran war while many Asian markets traded cautiously. OPEC+'s modest planned output increase could help ease some supply tightness, but the boost is limited and likely insufficient to quell volatility driven by ongoing Strait of Hormuz risks and resulting consumer pain that has spurred protests in some countries.
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