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Israel-Iran tensions linger: Asian stocks rebound cautiously; oil prices spike while safe-haven bets diverge
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Asian stock markets showed initial recovery signs after last week's losses due to escalating Israel-Iran tensions. Investor caution persists amid concerns over oil supplies, inflation, and monetary policy. Brent crude prices increased, while the yen weakened. Market participants are closely monitoring upcoming interest rate decisions from major central banks.
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Kajol receives Raj Kapoor Award on her 51st birthday
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