FBM KLCI slips as oil prices creep towards US$100 a barrel

KUALA LUMPUR: The FBM KLCI drifted slightly lower in the early session as traders cast a wary eye on inflation risks amid growing hostilities in the Middle East and rising oil prices.

Brent crude futures for November delivery edged closer to US$100 a barrel, its highest in over six weeks, following US attacks on Iranian oil vessels.

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