Stocks in Asia were poised to rise after a pullback in oil prices lifted Wall Street, amid hopes that more tankers will be able to pass through the Strait of Hormuz.
Source
Bloomberg
Opens original article in a new tab
Gurley's VC firm Benchmark was an early Uber investor, and he helped oust then-CEO Travis Kalanick in 2017.
The Iran war wasn't expected to derail the Trump-Xi meeting in China, but analysts said it would influence the talks and any agreements that come out of them.
The president recently launched a war in Iran after topping Venezuelan leader Nicolas Maduro by force.
Oil was little changed after a volatile session in which investors weighed signs of less-tight conditions against rising military threats to energy infrastructure across the Middle East.