Asian stock markets closed mixed, while oil prices remained steady as the US increased pressure on Iran. This was reported by Qazaqyia.kz citing Associated Press.
Trading on the Tokyo Stock Exchange was mixed, with the KOSPI index in Seoul changing slightly. Japan's Nikkei index fell, while South Korea's KOSPI rose. The Shanghai Stock Exchange also closed mixed.
The US imposed new sanctions on Iran, increasing tensions in the oil market. Oil prices remained stable, with Brent crude trading around $80 per barrel.
Investors are closely watching US actions regarding Iran and their impact on the global economy. According to experts, geopolitical risks are increasing uncertainty in the markets.
In Asian currency markets, the dollar-yen exchange rate remained stable. The South Korean won changed slightly against the dollar.
Japan's Nikkei index fell 0.2% to close at 38,500. South Korea's KOSPI rose 0.1% to close at 2,700. China's Shanghai Composite fell 0.3%.
There are concerns that US pressure on Iran could lead to higher oil prices. However, oil prices remain stable at present.
Investors will be watching for new US decisions regarding Iran and their impact on the global economy.