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The Nexus
WORLDAug 11 · 08:49 UTCBLOOMBERGAndras Gergely

Emerging Assets Pressured as Higher Oil Stokes Inflation Worries

Fading chances of reopening the Strait of Hormuz have hit oil-sensitive assets globally. As a result, most emerging-market currencies weakened and bond yields rose. These conditions contributed to concerns about inflation due to higher oil prices.

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Emerging-Market Currenciestopicbond yieldstopicStrait of Hormuzplaceoil-sensitive assetstopicInflationtopic
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