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AAP
AAP
Business
ELAINE KURTENBACH (AP Business Writer)

Asian shares decline and oil prices up more than $1 after US strikes on Iran

Asian shares mostly declined Thursday following what the U.S. military said were defensive strikes against Iran.

Oil prices gained more than $1 a barrel after having dropped sharply a day before. U.S. futures inched lower.

U.S. officials said Central Command forces shot down four Iranian one-way attack drones that posed a threat near the Strait of Hormuz. The U.S. military also hit an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

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