[MARKET UPDATE] Asia-Pac stocks are pressured with all focus on geopolitics after the US conducted strikes against Iran, which then retaliated against the US and allies in the Gulf

The escalation in tensions following US strikes against Iran, coupled with Iran's retaliation, is likely causing heightened uncertainty in Asia-Pac stock markets. This geopolitical strife may shift investor sentiment towards safe-haven assets like gold and WTI, impacting energy prices while introducing volatility in regional equities.