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Oil surges above $US114, Wall Street falls on AI sell-off | Finance Report | ABC NEWS
ABC News (Australia)
October 23, 2026
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Oil prices have surged to a five-month high, above $US114 per barrel, on concerns the US will start attacking Iran again after the November mid-term elections. It's raising concerns about stubborn inflation and further interest rate hikes. Those concerns led to a sharp fall in t
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