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Event Brief

Asian markets drop as oil prices exceed $100

Asian markets fell sharply after US-Iran talks failed, leading to a surge in oil prices past $100 a barrel.
WHO: US government
WHAT: failed talks and naval blockade
WHEN: Apr 12, 2026 at 10:01 PM ET
WHERE: Asia
WHY: Triggered by the collapse of US-Iran talks and subsequent blockade orders.
How this story developed (showing 3 of 3 earlier reports)
Sources (1): Middle East Eye

How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.

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