The US and Iran carried out another air strike over the weekend, and issued conflicting statements about whether ships could only pass through the Strait of Hormuz. Affected by this, Asian energy stocks followed the rise in oil prices. Australia's Woodside rose 1.4% and Santos rose 1.6%. Japan International Petroleum Development Co., Ltd.'s stock price rose 1.7%. South Korea's S-Oil Index rose 5.8%.

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