Oil rises and Asia shares slide as Iran war enters fifth week

NEWS SUMMARY

Global oil prices rose above $115 per barrel as the conflict involving Iran entered its fifth week, with Brent crude seeing significant gains. Asian stock markets, including Japan and South Korea, experienced sharp declines amid escalating tensions and threats of expanded strikes.

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It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.

This page aggregates and summarizes reporting from BBC Asia. The Conflict Pulse does not author original reporting. Read the original source for full coverage.

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