Energy news

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Asia open: US stock futures and Asia Pacific equities wobbled on a firmer US dollar

Global markets entered a more cautious phase as a stronger US dollar and rising Treasury yields offset positive sentiment from easing Middle East tensions. Oil prices continued to decline following the US-Iran 60-day peace roadmap and temporary authorisation of Iranian crude exports. AI-related capital expenditure remained a bright spot, with Micron and Anthropic unveiling a major strategic partnership that lifted semiconductor stocks and reinforced the long-term AI infrastructure investments.

23-06-2026 04:08 GMT by Kelvin Wong

Asia open: Markets whipsawed as fresh geopolitical friction jolts Switzerland peace talks

Global markets started the week cautiously as fresh geopolitical friction disrupted US-Iran peace negotiations in Switzerland. Although the Strait of Hormuz remains open and crude oil exports continue to flow normally, investors remain wary of potential setbacks to a permanent agreement. The US dollar extended its strength on the back of the Federal Reserve's hawkish policy stance, while Asian currencies faced renewed pressure and equity performance diverged across the region.

22-06-2026 04:25 GMT by Kelvin Wong