Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Crude oil rises for fourth session on Hormuz supply risks
Crude oil rose toward $86 per barrel on Wednesday for a fourth straight session as US-Iran tensions kept Strait of Hormuz supply concerns elevated, while industry data showed US crude inventories fell by 328,000 barrels last week after a 9.07 million-barrel increase the prior week.