Asia-Pacific Markets Open Lower Amid Iran-U.S. Negotiations

Published on 5/28/2026

Asia-Pacific Markets Open Lower Amid Iran-U.S. Negotiations

AI Summary

Asia-Pacific markets opened lower with South Korea's Kospi down 0.36% and the Kosdaq down 2.61%. Japan's Nikkei 225 declined slightly, while Australia's S&P/ASX 200 fell by 0.79%. Crude oil prices saw an increase, with West Texas Intermediate at $90.15 per barrel, up 1.66%, and Brent crude at $96.20, rising 2.03%. The continued mixed signals from Iran-U.S. negotiations and military actions contribute to a cautious market outlook.