BUSINESSWPLG LOCAL 10 MIAMI
Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.
Asian shares declined as renewed fighting between the U.S. and Iran undermined a ceasefire, with Japan's Nikkei 225 and South Korea's Kospi dropping over 1.5%. Rising oil prices pressured fuel-dependent companies like United Airlines and Alaska Air Group, while tensions over the Strait of Hormuz and crude shortages impacted global markets.
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