Oil prices spike on Trump's threat to Iran, then level off, Asian equities slip amid geopolitical jitters
Wednesday, 18 June 2025 Oil prices stabilised on Wednesday after a surge fueled by fears of escalating US-Iran conflict, triggered by President Trump's aggressive statements and potential Israeli strikes. Concerns about disrupted crude supplies through the Strait of Hormuz heightened market volatility. Asian equities reflected investor anxiety, while weak US economic data raised speculation about potential Federal Reserve interest rate cuts amidst geopolitical uncertainties.
Russia has ramped up its assault on Ukraine after former President Trump issued a final nuclear warning. In a fiery response, President Putin confirmed the deployment of Oreshnik ballistic missiles..
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned..
Donald Trump has issued a stark ultimatum to Hamas: “Surrender and release the hostages” or face continued starvation in Gaza. Amid mounting criticism of Israel’s war strategy and stalled hostage..
Asian equities showed mixed performance amid stabilising oil prices, as markets assessed easing geopolitical tensions and awaited US fiscal and trade policy... IndiaTimes
Asian markets presented a mixed performance as geopolitical tensions in the Middle East and uncertainty surrounding potential US military action against Iran... IndiaTimes
Asian shares experienced a surge following the announcement of a ceasefire between Iran and Israel, which eased investor concerns about potential energy supply... IndiaTimes