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 Crude Oil Slides on Mideast Respite, Yen Down as Japan Govt Loses Majority
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Brent crude futures fell 4.2% to $67.80 a barrel after Israel's strike on Iranian missile sites did not target oil supplies; Japan's yen hit a three-month low at 153.3 per dollar following the Liberal Democratic Party's (LDP) loss of parliamentary majority with 215 seats, below the 233 needed for control; the LDP's performance is the weakest since 2009, prompting expectations of dovish economic policies; Japan's Nikkei rose 1.6% as technology stocks gained.

#CrudeOil #Yen #Japan #Israel #Iran #Ldp #Nikkei #Economy #Elections #Market

https://www.news18.com/business/crude-oil-slides-on-mideast-respite-yen-down-as-japan-govt-loses-majority-9101358.html