Asia Markets Set to Open Higher Amid Renewed Iran-U.S. Tensions
Asia-Pacific markets are expected to open higher as investors react to renewed tensions between Iran and the U.S., including the seizure of an Iranian vessel by the U.S. Navy. Oil prices surged due to fears of disrupted supply routes, with WTI and Brent crude rising over 7%.
Topics: Asia-Pacific markets Geopolitical conflict Naval blockade Oil prices U.S.-Iran tensions