Oil prices surged five percent on Monday as investors monitored escalating tensions between Iran and the United States, with the ceasefire set to expire on Wednesday.
\nUK Foreign Secretary Yvette Cooper warned in Japan that the Strait of Hormuz blockade is affecting global energy, economic and national security, emphasising the urgent need to reopen the waterway. Despite the energy supply concerns, major Asian equity indexes advanced, with South Korean markets recovering losses incurred since the start of the conflict.
\nAnalysts suggest investors may have priced in the worst-case scenario, though any shift in the standoff could trigger fresh volatility across the region.<\/p>\n
Al Jazeera’s Patrick Fok reports from Singapore.<\/p>\n
Subscribe to our channel: http:\/\/bit.ly\/AJSubscribe<\/a> #IranWar #USIranTalks #USIranCeasefire #OilPrices #BrentCrude #StraitOfHormuz #USIranTensions #SouthKorea #India #Singapore #AsianMarkets #EnergySecurity #GlobalSupplyChains #AlJazeeraEnglish<\/p>\n","protected":false},"excerpt":{"rendered":" Oil prices surged five percent on Monday as investors monitored escalating tensions between Iran and the United States, with the<\/p>\n","protected":false},"author":1,"featured_media":88604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-88587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/88587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/comments?post=88587"}],"version-history":[{"count":0,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/posts\/88587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media\/88604"}],"wp:attachment":[{"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/media?parent=88587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/categories?post=88587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nicheblog.top\/news\/wp-json\/wp\/v2\/tags?post=88587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nFollow us on X: https:\/\/X.com\/AJEnglish<\/a>
\nFind us on Facebook: https:\/\/www.facebook.com\/aljazeera<\/a>
\nCheck our website: http:\/\/www.aljazeera.com\/<\/a>
\nCheck out our Instagram page: https:\/\/www.instagram.com\/aljazeeraenglish\/<\/a>
\nDownload AJE Mobile App: https:\/\/aje.news\/AJEMobile<\/a><\/p>\n