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Asian Markets Continue to Fall on Oil Glut Concerns

Asia's key Hang Seng index fell 1.5 percent Monday, closing the day at its lowest point in more than three years. Investors in the Hong Kong market responded to oil prices dropping to their lowest since 2003 on Monday, and deep market losses in the United States on Friday. The price of a barrel of crude fell below $28 at one point Monday after sanctions were dropped against OPEC member Iran. Tehran can now export crude in a market already experiencing an oil glut. Other Asian...

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