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Oil tops $US100 a barrel as Iran conflict drags ASX to a five-week low
Brent crude hit $US100 a barrel for the first time since May, with the ASX200 losing 0.75% and the week's final session wiping out three days of gains.
Why it mattersOil-driven inflation raises the odds central banks will hike rates, weighing on shares and lifting borrowing costs for households worldwide.
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