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The Independent UK

National

Chan Ho-Him

Asian stocks fall and oil prices climb after attacks imperil the ceasefire with Iran

Iran Oil United States Drone Missile

South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

Asian stocks retreated and oil prices rose on Friday as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities.

U.S. futures rose despite the latest flaring in the conflict.

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