Asian Shares Retreat as Report of Damage to Oil Takers Pushes Oil Prices Higher
Asian shares and U.S. futures retreated on Thursday as oil prices jumped more than 2% following a report by Iran's state television that seven oil tankers caught fire and were damaged in the Strait of Hormuz.
We haven't written up this one. The Japan News by The Yomiuri Shimbun has the full story — the link below goes straight to it.