Morning Briefing Asia

US, Iran Exchange Strikes in Strait of Hormuz

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Good morning. The US and Iran resume Hormuz strikes. Businesses worldwide begin to feel war’s pinch. And Google straps on a new Fitbit. Listen to the day’s top stories.

Oil extended gains after the US conducted strikes in the Strait of Hormuz area. US Central Command said that it targeted military facilities behind “unprovoked” Iranian attacks but that it does not seek escalation. Earlier, the WSJ said the Washington is looking to restart its program to guide ships through the waterway as soon as this week.