Morning Brief: Asia stocks fall, US-Iran tensions simmer
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Global markets faced pressure as Asian stocks fell, oil prices rose, and the dollar strengthened due to a US military build-up in the Middle East. Investors shifted to safer assets amid rising geopolitical risks, with Japan’s Nikkei down 1.1% and Hong Kong’s Hang Seng down 0.6%. However, South Korea's Kospi increased by 2.17% and India's Nifty 50 rose by 0.48%. Oil prices reached multi-month highs, with Brent crude surpassing $72 a barrel.
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