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Oil price drop adds pressure as shares fall.
(From Western Morning News)
World markets suffered heavy declines yesterday amid fresh fears over Japan's ongoing nuclear crisis and a lacklustre start to the US earnings season.
A slide in oil prices added to the pressure, with the FTSE 100 Index closing down 89 points at 5964.5 - a fall of 1.5 per cent.
Markets were hit after Japan's nuclear safety agency raised the severity of the Fukushima nuclear plant crisis to the highest level on the seven-strong scale and the same rating as the Chernobyl incident in 1986.
Tokyo's Nikkei 225 index fell 1.7 per cent, sparking heavy falls on both sides of the Atlantic.
Across Europe, France's Cac …
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