Asia Markets Mixed as Oil Prices Decline 5% on Hormuz News

Asia-Pacific markets opened mixed amid a 5.07% decline in West Texas Intermediate (WTI) futures, now at $91.70 per barrel, and a 5.12% drop in Brent crude at $98.24 per barrel, following President Trump's comments on negotiations with Iran. Japan's Nikkei 225 index was poised to rise with futures at 64,175, up from the previous close of 63,339.07. The Dow Jones Industrial Average increased by 294.04 points, or 0.58%, to close at 50,579.70, marking an all-time high. Meanwhile, markets in Hong Kong and South Korea were closed for holidays.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.