Asian stock markets rose on Friday, July 10, while oil prices fell as traders monitored the war situation in Iran. This was reported by Qazaqyia.kz citing Associated Press.
South Korea's KOSPI rose 0.8% to 2,845.67 points. Japan's Nikkei 225 gained 0.5% to 39,250.12 points. China's Shanghai Composite added 0.3% to 3,120.45 points. Hong Kong's Hang Seng increased 0.6% to 18,230.78 points.
Oil prices slipped: Brent crude fell 0.4% to $85.20 per barrel, while U.S. West Texas Intermediate (WTI) declined 0.5% to $81.50 per barrel.
Investors are closely watching the war developments in Iran, which could impact global markets. Analysts say geopolitical risks could lead to oil price volatility.