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Australian stocks rise amid Middle East tensions.
Australian shares are set to open higher Monday as investors digest the collapse of US-Iran peace talks and President Donald Trump’s announcement of a naval blockade on the Strait of Hormuz.
The escalation, including threats of retaliation, has driven oil prices up and the Australian dollar down, though analysts warn the market remains fragile amid fears of renewed conflict.
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Las acciones australianas suben en medio de las tensiones en el Medio Oriente.