GLOBAL MARKETS-Shares skid in Asia as oil climbs, yields stay high

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Share ?markets ?slid on Monday in Asia as fresh fighting broke out between the U.S. and Iran, lifting oil prices, while bond yields stayed elevated after investors narrowed the odds on a U.S. rate hike. Brent futures climbed 2.8% to $90.60 a barrel after U.S. forces struck two of Iran’s launchers on its island of Larak ?on Sunday. In response, Iran was attacking U.S. forces stationed in Jordan, Fox News said. President Donald Trump later posted that Kharg Island, Iran’s main oil terminal, was being “blown to smithereens,” though there was no confirmation of this from the military. The resulting…

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