Iran

IMF chief warns of broader risks from US strikes on Iran, after oil hits five-month high – business live

Rolling coverage of the latest economic and financial newsPrice of oil could spike after Iran’s parliament votes to close key shipping routeStock markets across the Asia-Pacific region are mixed today, as investors take events in the Middle East in their strideJapan’s Nikkei 225 index has dipped by 0.17%, while Australia’s S&P/ASX 200 index has lost 0.35%.Global equities will likely remain under pressure at the open – but judging by how oil prices reacted to the weekend news, the selloff could remain relatively soft compared with the heaviness of the headlines.S&P futures [the…