Oil surged over 6% and Asian stocks fell after Donald Trump threatened stronger strikes on Iran. Uncertainty over the Strait of Hormuz and lack of ceasefire details rattled global markets; gold and silver declined
Asian markets rose Tuesday as investors watched developments in the Iran war and oil prices. Tokyo and Seoul led gains while US stocks stayed mostly steady. Oil remained below recent highs amid hopes the conflict may ease, reducing risks to global energy supply
Asian shares rose Monday, tracking Wall Street’s rally after Fed Chair Jerome Powell hinted at possible rate cuts amid labor market risks. Gains were led by Hong Kong, Shanghai, and Taiwan, with chipmakers boosting sentiment ahead of Nvidia’s earnings report
