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Israel-Iran tensions linger: Asian stocks rebound cautiously; oil prices spike while safe-haven bets diverge

IndiaTimes Monday, 16 June 2025
Asian stock markets showed initial recovery signs after last week's losses due to escalating Israel-Iran tensions. Investor caution persists amid concerns over oil supplies, inflation, and monetary policy. Brent crude prices increased, while the yen weakened. Market participants are closely monitoring upcoming interest rate decisions from major central banks.
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Video Credit: Oneindia - Published
News video: Strait Of Hormuz In CHAOS: Three Ships Ablaze Near Strait Of Hormuz Amid Israel-Iran Conflict

Strait Of Hormuz In CHAOS: Three Ships Ablaze Near Strait Of Hormuz Amid Israel-Iran Conflict 03:16

Amid soaring Israel-Iran tensions, dramatic images on social media show three ships engulfed in flames off the Gulf of Oman near the critical Strait of Hormuz. While authenticity remains unverified, NASA’s FIRMS data also detected fires in the same zone. The area, a vital artery for global oil, has...

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