Shares slipped in Asia and oil prices jumped Thursday as conflict escalated in the Middle East, with Iran and the US launching fresh attacks.

Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical…

Asian shares are mixed and oil prices have surged more than 3% after the U.S. launched strikes on Iran.

Tehran accuses US of committing ‘major’ violations of ceasefire agreement