Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty

Jamaica Gleaner 34 h Jamaica

Oil prices jumped two per cent and world shares skidded on Tuesday as recurring violence in the Iran war, after more than a month with no significant fighting, heightened uncertainty over the future of the conflict. Shares in online fast-fashion retailer Shein fell as much as 10 per cent after they began trading in Hong Kong on Tuesday. They closed 4 per cent lower.

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