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Oil tumbles on profit-taking after Syria fears

Oil tumbled in Asian trade on Thursday as investors took profits after concerns over a possible US-led military strike on Syria had pushed prices to multi-month highs.

Asian shares stabilise; Syria worries limit gains

Asian shares stabilised on Thursday after two days of steep losses as fears abated that US-led forces would soon launch a military strike on Syria, and oil prices retreated from a six-month peak.

Brent oil hits six-month high, gold up on Syria tension

Oil surged on Tuesday, with benchmark Brent crude hitting six-month highs, and gold rallied in safe-haven buying as the West mulled a military strike on Syria after US accusations the country used chemical weapons on civilians.