Stocks hit by Iran's Israel strike, hopes for containment stem losses

Stocks hit by Iran's Israel strike, hopes for containment stem losses

Energy Daily

Published

Hong Kong (AFP) April 15, 2024

Equities retreated Monday after Iran ramped up Middle East tensions by launching a barrage of missiles and drones at Israel over the weekend, fuelling fears of a wider conflict in the volatile region. However, while Israel called the attack - which Tehran said was in response to a strike on its Syrian embassy - an escalation of hostilities, analysts said there was hope among traders that t

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