Author: Sienna De Silva
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Asian Markets Tumble Amid Iran Conflict, Sustaining High Oil Prices and Dampening Rate-Cut Prospects
Asian stocks experienced a downturn on Friday, marking a second consecutive week of declines. The ongoing conflict involving the U.S. and Israel against Iran has dimmed hopes for a swift resolution, maintaining elevated oil prices and casting uncertainty over global markets, leading to inflation concerns. In the midst of this turmoil, the U.S. dollar has
