Major Escalation In Iran War: Stocks Slump Amid Fear Of Stagflation Risks Due To Prolonged Middle East Conflict

Stocks slid and oil prices rose sharply on Thursday after major escalation in the U.S. and Israel’s war with Iran rattled investors, while the yen wobbled near the crucial 160 per dollar level as Japan’s central bank left interest rates unchanged.As widely expected, the Bank of J

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