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

AI Summary

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.