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.
Tensions in the Middle East have exploded into full-scale war. Just hours after U.S. President Donald Trump threatened Iran’s Supreme Leader Ayatollah Ali Khamenei — claiming the U.S. knew his exact location — Khamenei issued a chilling response: “We will show the Zionists no...
Join us LIVE as we analyze the global fallout from Trump’s recent military actions against Iran. Could these escalating tensions ignite a wider Middle East conflict? What are the potential impacts on..
In a bold and unanimous move, Iran’s Parliament has approved the decision to close the strategic Strait of Hormuz — a key chokepoint for global oil shipments — in response to escalating U.S...
A global wave of condemnation is rising after the U.S. launched strikes on Iranian nuclear sites, sparking fears of a wider war. Nations including Pakistan, Iraq, Venezuela, Cuba, Saudi Arabia, and..
Asian markets presented a mixed performance as geopolitical tensions in the Middle East and uncertainty surrounding potential US military action against Iran... IndiaTimes