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Asian shares stumble, oil surges after U.S. air strikes in Iraq

Reuters Friday, 3 January 2020
Asian shares fell on Friday, erasing early gains, while oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
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News video: Iraq decries air strikes, U.S. embassy besieged

Iraq decries air strikes, U.S. embassy besieged 02:05

Embassy staff fled into a safe room as American and Iraqi forces fought off violent protesters enraged by air strikes targeting an Iraqi militia unit. The militiamen were allies of Iran, and Baghdad has condemned the U.S. action as a breach of its sovereignty. Matthew Larotonda reports.

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