Iran allows Philippine-flagged ships through Strait of Hormuz amid energy crunch

Asian markets rose on signs of more traffic through the Strait of Hormuz, with Korea’s Kospi up nearly 3% and Japan’s Nikkei 225 gaining 1.5%. Brent crude rose above $110 a barrel after President Donald Trump reiterated threats to strike civilian sites in Iran. Al Jazeera’s Patrick Fok reports from Singapore. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #StraitOfHormuz #EnergySecurity #AsianMarkets #OilPrices #BrentCrude #SouthKorea #Nikkei225 #Philippines #MaritimeSecurity #Iran #AlJazeeraEnglish