Asian shares fall as rising energy costs fan inflation fears - NewsBreak

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By Hardik in Business
Updated 2 years ago

Shares retreated in Asia on Tuesday as surging prices of oil, coal and other energy added to concerns over inflation. Benchmarks declined in Tokyo, Hong Kong and Shanghai. Oil prices edged lower after U.S. benchmark crude oil closed above $80 per barrel on Monday. It traded briefly above $81 per barrel on Monday for the first time in seven years.

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