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Latest financial news from across the markets

Daily Market Overview

Markets are feeling the impact of escalating tensions in the Middle East, particularly the ongoing conflict involving Iran, which has led to a sharp spike in oil prices. Crude oil surged by 5% as attacks on Gulf shipping intensified, raising concerns about supply disruptions. European stocks dipped amid these rising oil costs, while analysts are advising a focus on energy stocks as a potential safe haven. In corporate news, Nintendo shares jumped 18% this week following the release of a new Pokémon title exclusive to the Switch 2, boosting investor optimism.

Latest Market Updates

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