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Asian Stocks Rise as Oil Falls Ahead of US Inflation Data

Asian shares rose after Brent crude prices fell following President Donald Trump’s statement that he plans to hold off on new military strikes against Iran, ahead of US inflation data.

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By Ankur BanerjeeAsian stocks rose on Tuesday as a drop in oil prices after US President Donald Trump said he plans to hold off on new military strikes against Iran lifted sentiment ahead of US inflation data that could sway the near-term interest rate outlook.Brent crude futures ICEEUR:BRN1! were…

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