Global stocks skid, bonds buckle as oil climbs

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SYDNEY, May 18 (Reuters) – Asian share markets were on the skids on Monday as fresh drone attacks in the Gulf shoved oil prices and bond yields higher, while the AI euphoria underpinning the tech bull run will be tested by earnings from Nvidia this week. A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, while Saudi Arabia reported intercepting three drones, as U.S. President Donald Trump warned that Iran must act “fast” to reach a deal. Meanwhile, the vital Strait of Hormuz remains closed to all but a trickle of shipping as…

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