Asia Markets Open Broadly Higher as Oil Eases After Trump Delays Planned Iran Strike Global markets reacted positively to news that President Donald Trump has delayed a scheduled attack on Iran, with oil prices dipping and equities rising across Asia Pacific exchanges.
The postponement of military action sent shockwaves through the region, causing investors to breathe a sigh of relief.
Oil prices declined by over 1% in response to the news, with West Texas Intermediate futures falling to $107. 28 per barrel and Brent crude declining to $109. 11 per barrel.