Asia stocks fall as US-Iran military flare-up dents peace hopes Asian stocks fell on Friday, with and South Korean markets coming off record highs as renewed military action between the U.S. and Iran dampened hopes for an end to the war. Regional markets took a weak lead-in from Wall Street, which fell from record highs overnight after the U.S. military said it intercepted attacks on three war...

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Oil Breaks Above $110 as Hope Trade Fades, Dollar Rallies Oil prices extended their rally in today’s session, with Brent breaking through the $111 mark and confirming a decisive move above the key $110 psychological barrier. What was once a market anchored by expectations of diplomatic progress is now being driven by the reality of a deepening US–Iran stalemate. The “hope trade” that followed t...