Asia-Pacific markets expected to rise as tensions on Iran escalate

Published on · Source: cnbc.com

Asia-Pacific markets expected to rise as tensions on Iran escalate

AI Summary

Summarized by AI from the source below

Asia-Pacific markets are projected to open higher, influenced by gains on Wall Street amid ongoing tensions regarding Iran. U.S. President Donald Trump has threatened to attack Iranian civilian infrastructure if a peace deal is not established within 24 hours. The price of West Texas Intermediate crude rose 0.7% to $113.25 per barrel, while Brent crude increased 0.68% to $109.77 per barrel. Japan's Nikkei 225 is set for gains, with the Chicago contract currently at 53,915, compared to the previous close of 53,413.68.

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

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