Global stock markets slump, oil jumps over Middle East concerns after Iran’s retaliation against Israel

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WASHINGTON, Oct 2 — Global markets sank and oil soared yesterday, after Iran launched around 180 missiles at Israel, pro...

US and European stocks turned sharply lower after the strikes, which Iran launched in response to the killings of Tehran-backed militant leaders.

Tokyo closed up almost two percent, paring some of Monday’s nearly five-percent drop, as the yen pulled back against the dollar, giving Japanese exporters some much-needed relief.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaFranceHong KongIsraelJapan

Topics: Oil and gas sector Middle East crisis Stock market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 10:20:54 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 22846011

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About Malay Mail

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Official Website: malaymail.com

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Year Established: 1896

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Publisher ID: #106

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