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Oil price risks put inflation back in focus

Oil price risks put inflation back in focus

BRUSSELS: Iraq will be foremost in investors' minds in the coming week as oil price risk has returned to markets, complicating the task for central banks whose policies are beginning to diverge for the first time since the global financial crisis. Oil prices neared nine-month highs late last week, touching $115 a barrel, and the rapid advance of militants in Iraq, the second-largest OPEC producer, is destabilising oil markets. That has implications for inflation in the United States and Europe, as well as Asia's…