Episode Details

Asian markets wavered today, reflecting mixed signals on the Iran war cooling off. Oil prices held steady, with Brent crude barely down at $117.36 a barrel. Tokyos Nikkei dropped 1.2%, South Koreas Kospi plummeted 3.4%, and Hong Kongs Hang Seng eased 0.5%. The war, now in its fifth week, continues to unsettle traders, with crude prices surging over 40% overall. A drone strike on a Kuwaiti tanker off Dubai escalated supply concerns. Gulf allies urged President Trump to maintain the fight against Iran, while Tehran rejected talks. Wall Street closed mixed Monday, but U.S. futures climbed early today. Gold prices rose 0.7% to $4,587.80 an ounce. The Middle East situation remains a key factor in energy and stock markets, with more developments expected.

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