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Oil inched up on Thursday on rising tensions in the Middle East and signs of improving Washington-Beijing trade relations, but a strong U.S. dollar limited price gains.

Wall Street's major indexes hit record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook.

Lebanon received an Interpol arrest warrant on Thursday for former Nissan chairman Carlos Ghosn, while Turkey launched an investigation into his daring escape from Japan via Istanbul.

The dollar snapped a four-day losing streak on Thursday and global stock markets jumped at the start of 2020 as a shot of Chinese stimulus drove a gauge of world equity performance to a record high.

Lebanon played no official role in ousted Nissan boss Carlos Ghosn's departure from Japan, caretaker defense minister Elias Bout Saab told Lebanese broadcaster MTV on Thursday.

Global stock markets jumped on the first day of trading in 2020 as a shot of Chinese stimulus and economic data drove a gauge of world equity performance to the latest in a series of record highs, while the dollar snapped a four-day losing streak.

The value of U.S. oil and gas mergers and acquisitions reached a five-year peak of $96 billion in 2019 on the back of competing bids for Anadarko Petroleum, energy data provider Enverus said on Thursday.

Wall Street's major indexes notched record highs to open the new year on Thursday, as fresh economic stimulus from China added to optimism fueled by easing trade tensions and an improving global outlook.

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The dollar shook off recent weakness on Friday as dismal economic news from Europe and the UK weighed on major rivals, while figures due later in the session are expected to point to some improvement in U.S. manufacturing.

The Japanese yen led other safe-haven assets higher on Friday after air strikes on Baghdad airport killed a senior Iranian military official, stoking tensions in the Middle East and lifting the price of oil.

Asian shares extended their New Year's rally on Friday after Wall Street struck another record high on fresh Chinese stimulus while oil spiked after U.S. air strikes in Iraq heightened geopolitical tensions.

Oil prices jumped more than $1 on Friday after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.

Brent crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.

A surveillance camera captured former Nissan Motor Co chairman Carlos Ghosn leaving his Tokyo residence alone shortly before his surprise escape from Japan, public broadcaster NHK said on Friday, citing investigative sources.