Asia-Pacific markets set for mixed open as Trump’s Iran warning stokes fresh oil supply fears
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- Asia-Pacific markets were poised for a mixed open Monday as investors weighed renewed geopolitical tensions after U.S.
- International benchmark Brent crude futures for July gained 1.34% to trade at $110.72 per barrel.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Asia-Pacific markets were poised for a mixed open Monday as investors weighed renewed geopolitical tensions after U.S. President Donald Trump warned Iran to "get moving, FAST," raising fears of further escalation in the Middle East and potential disruptions to global oil supplies.
In a post on Truth Social, Trump on Sunday said "the Clock is Ticking" for Iran and warned there "won't be anything left" if action was not taken soon, adding that "TIME IS OF THE ESSENCE!" He did not elaborate on the steps he wanted Iran to take or the consequences that could follow.