Asian shares skid as oil tops $111 a barrel and Wall Street slumps

Inflatie

BANGKOK (AP) — Shares retreated Thursday in Asia after stocks on Wall Street slumped as oil prices spiked at more than $110 a barrel. U.S. stocks also sagged due to a report that said inflation was primed to worsen even before the war with Iran sent oil and gas prices spiking. That, and comments from the head of the Federal Reserve, led investors to expect there’s less chance of getting the lower interest rates that they love. Tokyo’s Nikkei 225 fell 2.5% to 53,875.94 and the Kospi in South

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