Asian equities opened lower as US-Iran talks showed little progress in de-escalating the Middle East conflict, keeping the Strait of Hormuz effectively closed. Oil prices rose as geopolitical risks intensified, with Brent crude climbing to $106.20 a barrel. Investors remain cautious, awaiting signals on energy supply risks.
Oil rises on concerns over escalating military tensions in the Middle East
Oil prices surged Friday amid escalating Middle East tensions. Iran’s release of footage showing commandos boarding a cargo ship in the Strait of Hormuz, coupled