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World shares drop, oil jumps as Middle East unrest deepens - Reuters | ZivFin News | ZivFin

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World shares drop, oil jumps as Middle East unrest deepens - Reuters

World shares drop, oil jumps as Middle East unrest deepens Reuters

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Japan's Nikkei hits record high as Asia markets rise amid Middle East concerns

Asia-Pacific markets opened higher even amid concerns over volatile oil prices with the Strait of Hormuz remaining closed.

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The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.

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