Asia-Pacific Markets Mixed Amid Concerns Over Oil Prices

AI Summary

Asia-Pacific markets are set to open mixed, influenced by volatile oil prices and ongoing tensions between the U.S. and Iran regarding the Middle East conflict. West Texas Intermediate futures rose by 1.16% to $94.92 per barrel, while Brent crude futures stood at $96. Japan's Nikkei 225 futures showed a potential rise with contract values at 67,305 and 67,230, compared to the last close of 66,734.24. Meanwhile, Hong Kong’s Hang Seng index futures reached 25,853, down from 26,038.32, reflecting concerns over oil supply routes through the Strait of Hormuz.