Asia Shares Slide, Oil Jumps as Gulf Strike Wave Hits Markets
📉 MARKETS — Asia equities sold off; oil jumped — but the real number is next. 📌 LOOK CLOSER: Asian equities are pricing simultaneous Iranian strikes on four US-basing states and Khandab explosions — one session's damage. Oil's jump is the floor, not the ceiling: Hormuz traffic is at 11-15 vessels daily. London open sets the real benchmark. If Brent clears $85, Gulf sovereign funds face margin pressure and the cost calculus for any off-ramp shifts.
