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Global Market Today: Asian shares mixed as Iran tensions flare up again

May 5, 2026
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Posted 3 hours ago by

Crude oil prices surged above 115 a barrel as the US and Iran exchanged fire, disrupting a ceasefire and raising concerns about escalating Middle East tensions. This renewed conflict threatens to inject volatility into markets, impacting energy prices, industrial activity, and geopolitical risk premia.

Economic Times
Economic Times

Coverage and analysis from India. All insights are generated by our AI narrative analysis engine.

India
Bias: center

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