Asian shares, US futures retreat and oil prices surge after US strike on Iranian rocket launchers

Asian shares and US futures have declined amid expectations that the US Federal Reserve might soon increase interest rates. Simultaneously, oil prices surged by 3% following a US military strike targeting Iranian rocket launchers. Market reactions in Asia remain mixed as investors process the geopolitical tensions and potential monetary policy shifts. These events have triggered a retreat in equity markets while driving energy costs higher due to the direct conflict involving US forces and Iranian assets.