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As Trump pulls out of Iran deal, Asia grapples with impact on oil supplies

An investor monitors stock prices at a brokerage in Beijing, China, Wednesday, May 9, 2018. Oil prices surged while Asian stock markets traded mixed after President Donald Trump announced the United States will withdraw from a 2015 nuclear accord with Iran and re-impose sanctions. Resulting rising oil prices would have a mixed impact across the region, driving prices higher for some countries that rely heavily on imports, such as Japan, while boosting revenues for exporters such as Indonesia.(AP

 

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