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Stocks Slump as Energy Surge Fuels Inflation Fears: Markets Wrap

Stocks in Europe and Asia slumped after a fresh surge in oil and gas prices intensified concerns that the war in the Middle East will stoke inflation and hit growth. Bonds tumbled amid a second day of major central England 'ready to act' as it warns Iran war 'shock' will push up inflati">bank meetings.

Reported by Bloomberg.