Oil heads for $100, Asia stocks subdued as Middle East tensions escalate

Brent crude rallied towards $100 per barrel on ⁠Wednesday, ⁠keeping the mood in Asian stock markets subdued, ⁠as attacks intensified in the Middle East, stoking inflation worries ahead of the release of closely watched ​U.S. consumer price data. The yen strengthened towards the nearly seven-month high touched against the dollar on Tuesday as traders exited short positions in the Japanese ‌currency amid expectations for faster Bank of Japan ‌interest rate hikes and a potential rush of…

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