Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world’s main sea lanes.
MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed.
Australian stocks edged up 0.05% while Japan’s Nikkei dipped 0.1%.
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