Iran allows Philippine-flagged ships through Strait of Hormuz amid energy crunch

Asian markets rose on signs of more traffic through the Strait of Hormuz, with Korea’s Kospi up nearly 3% and Japan’s Nikkei 225 gaining 1.5%. Brent crude rose above $110 a barrel after President Donald Trump reiterated threats to strike civilian sites in Iran. Al Jazeera’s Patrick Fok reports from Singapore. Subscribe to our channel: bit.ly
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