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CNBC TV18

Asian stocks rise as Brent tops $81.50 and US futures slip amid Trump strike threat on Iran

Donald Trump renewed threats to strike Iran, stoking concerns of escalating tensions in the Middle East as talks over Iran’s nuclear program and the reopening of the Strait of Hormuz were said to continue. Brent crude climbed more than 1% to around $81.50 a barrel, while gold steadied after marking a third straight week of losses. Asian equities broadly advanced, with Japan’s Nikkei 225 up nearly 1.5%, even as US stock futures weakened. The move in oil provided the clearest market reaction, while gold saw only limited haven support.
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Geopolitics