Asian stocks drop after Fed warning, oil dips with Mideast in focus

Legit | 19-06-2025 03:25pm |

Asian stocks fell Thursday after the Federal Reserve warned Donald Trump's trade war would likely reignite US inflation and dampen economic growth, while oil prices edged down as investors awaited developments in the Israel-Iran conflict. Still, with no concrete signs of escalation, oil prices edged down after another volatile day on Wednesday.

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