S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Middle East Escalation Jolts Asian Markets and Crude Prices

A U.S. military strike against Iranian targets following the downing of an Apache helicopter near the Strait of Hormuz has triggered a sharp retreat in Asian equities and pushed oil prices higher. Investors, spooked by the prospect of supply disruptions in a critical trade artery, are rapidly shifting capital away from risk assets.

Middle East Escalation Jolts Asian Markets and Crude Prices

U.S. Central Command confirmed that the strikes were authorized by President Trump as a proportional response to what officials described as unjustified aggression. While Tehran denies deliberate targeting, Washington maintains that the downing of the helicopter by a Shahed drone off the coast of Oman necessitates a firm military posture. The Strait of Hormuz, a conduit for one-fifth of global oil, remains the primary focal point for market anxiety.

West Texas Intermediate crude futures climbed 1.3% to $89.37 per barrel, while Brent crude rose 1.4% to reach $92.75. This flight to energy commodities coincided with a broad sell-off across Asia-Pacific exchanges. Japan’s Nikkei Stock Average slipped 0.9%, and South Korea’s Kospi dropped 3.1%. Analysts at Commerzbank warned that the incident underscores the fragility of global trade routes, while UOB researchers noted that the regional downturn reflects a broader investor exodus from technology stocks coupled with geopolitical instability.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!