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Today's stock market: the tension in the Middle East is escalating, Asian stock markets follow the Wall Street downtrend
Asian stocks fell on Monday as fears that tensions in the Middle East could escalate rocked financial markets, prompting investors to look for safer places for their money. Despite the tensions in the Middle East, US futures rose, oil prices fell, and an attack late Saturday marked the first time Iran has launched a military attack against Israel, despite decades of animosity dating back to the 1979 Islamic Revolution. A barrel of benchmark U.S. oil fell 41 cents to $85.25 a barrel.
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