Asia-Pacific markets rebounded Wednesday after statements from U.S. President Donald Trump raised hopes that the Iran war could end soon. On Tuesday stateside, Trump said the U.S. could leave Iran in “two or three weeks,” adding “We leave because there’s no reason for us to do this.” U.S. West Texas Intermediate crude for May delivery was…
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Crude prices seesawed in volatile trading on Wednesday, at one point dropping more than 4%, as investors weighed U.S. President Donald Trump’s willingness to exit the Iran conflict within weeks, even as…
A view of missile traces launched from Yemen at Israel sighted in the sky over Hebron, West Bank, on March 28, 2026. Wisam Hashlamoun | Anadolu | Getty Images Asia-Pacific markets were mixed on Tuesday, with South Korea leading losses, as rising crude oil prices and the raging Middle East conflict keeps investors on edge….
Brent oil prices are on pace for the biggest monthly surge on record, as the Iran war has entered its fifth week with President Donald Trump threatening to destroy the Islamic Republic’s oil wells. International benchmark Brent crude futures with May delivery rose 0.19%, or 21 cents, to close at $112.78 per barrel. Brent has…
Satellite view of Kharg Island, located in the Persian Gulf off the coast of Iran. Gallo Images | Gallo Images | Getty Images U.S. President Donald Trump said Monday that the U.S. will “completely” obliterate Iran’s electric generating plants, oil wells and Kharg Island if the strategically vital Strait of Hormuz is not “immediately” reopened…
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf’s petroleum facilities hours after the US struck Iran’s…
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to fall Monday as the Middle East war entered its fifth week. Yemen’s Houthi movement said Saturday it had fired missiles at Israel, marking its first direct involvement in the U.S.- and Israeli-led war…
Pedestrians walk past the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 23, 2021. Paul Yeung | Bloomberg via Getty Images Asia-Pacific markets traded mixed Friday following a volatile session, as the prospect of a peace deal in the Middle East remained murky amid contradictory messaging…
Dwayne Schnell | 500px Plus | Getty Images Oil prices fell on Friday after President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, signaling a tentative easing of tensions in the critical shipping chokepoint. International benchmark Brent crude…
FILE PHOTO: In this photo released by the Iranian Presidency Office, President Ebrahim Raisi waves as he visits an exhibition of the Revolutionary Guard navy capabilities while accompanied by the guard’s navy commander Alireza Tangsiri, in the southern port city of Bandar Abbas, Iran, Friday, Feb. 2, 2024. Iranian Presidency Office | AP Israel’s Defense…