Framing Analysis
US military strikes against Iran were confirmed across multiple outlets on June 10, accompanied by a statement from President Trump regarding an Iranian downing of a US helicopter in the Strait of Hormuz. Brent crude futures rose 0.9 percent to $92.29 per barrel and WTI climbed 0.8 percent to $88.97, while Asian indices including the MSCI Asia-Pacific ex-Japan, Nikkei, and KOSPI recorded losses. US equity markets closed mixed with the Dow Jones up 0.17 percent, S&P 500 down 0.26 percent, and Nasdaq composite down 0.97 percent.