Stocks Fall and Yen Surges as Oil Nears 100

Global equities decline and the yen strengthens as energy facility attacks push oil near 100 dollars a barrel. Rising commodity prices and inflation fears pressure central banks to consider rate hikes.

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People walk past a stock quotation board displaying the Nikkei share average, outside a brokerage in Tokyo, Japan, August 19, 2026. REUTERS/Manami Yamada

Global equities dropped and the USD/JPY hovered near seven-month highs on Tuesday after Yemen-linked attacks on energy facilities drove Brent Crude Oil toward $100 a barrel.

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