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Oil Prices Hit 5-Month Highs

In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions. This surge is driven by a series of Ukrainian drone attacks on Russian refineries, reported by Reuters.  

Japan suspends Fukushima water release after quake as precaution

The release of wastewater from Japan's stricken Fukushima nuclear plant was temporarily suspended on Friday following an earthquake, its operator said.

A 5.8-magnitude jolt struck off the coast of the northeastern Fukushima region, home to the plant wrecked by a tsunami in 2011, at 00:14 am Friday (1514 GMT Thursday), the Japan Meteorological Agency said.

China consumer prices rise in February 

Chinese consumer prices rose in February for the first time since August, data showed on March 9, bucking a months-long stretch of deflation that compounded the country's myriad economic woes.

The world's second-largest economy posted some of its lowest growth in decades last year and is battling a prolonged property sector crisis and soaring youth unemployment.

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