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Podcast: Bloomberg Daybreak: Asia Edition
Episode: Stocks Fall, Oil Climbs as Mideast Unrest Deepens, Fed Decision Preview
Description: Oil climbed and most stocks in Asia followed losses on Wall Street as concerns mounted that an escalation of tensions in the Middle East will trigger a more direct US involvement. West Texas Intermediate crude rose as much as 1.1% in early trading Wednesday after settling at the highest in almost five months the previous day. US equity futures slipped, as did Australia’s benchmark index and Hong Kong futures.Staying with geopolitics, The White House's review of the Aukus pact — a security arrangement between the US, UK and Australia — is rattling one of Washington’s closest alliances, and play...