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Markets watchful: Asian shares flat; oil prices rebound on US demand, ceasefire relief

IndiaTimes Thursday, 26 June 2025
Asian equities showed mixed performance amid stabilising oil prices, as markets assessed easing geopolitical tensions and awaited US fiscal and trade policy cues. Investors remained cautious due to uncertainties surrounding Federal Reserve leadership and potential shifts in US interest rate policy. A fragile ceasefire between Iran and Israel supported market confidence, while speculation about Jerome Powell's future added to volatility.
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News video: World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold

World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold 03:05

 Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets, with threats to close the Strait of Hormuz looming large. China condemned the attacks, calling U.S....

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