[Morgan Stanley: Risks in the Iran Situation Intensify Again, Recommend Reducing Exposure to Asian and Emerging Market Stocks] Odaily Planet Daily News - Morgan Stanley strategists stated that due to the escalation of U.S.-Iran tensions over the weekend and the renewed stalemate in the Strait of Hormuz, market caution has resurfaced. Investors who reallocated to Asian and emerging market stocks earlier this month should start reducing their risk exposure. (Jin10)