Experts also warn that closure of the Strait of Hormuz would hit energy-intensive Asian economies hardest. Financial markets and investors appear to be treating the United States-Israel conflict with Iran as another geopolitical shock that will fade quickly, observers say.  Oil prices rose 3 per cent on Wednesday (Mar 4) with Brent crude trading above US$84 per barrel, as concerns mounted over supply disruptions in the Middle East.  Most economists CNA spoke to say the spike is reminiscent of