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Japan, South Korea stocks open higher as investors assess Trump’s Iran war comments, extended deadline.
Key Points
* Japan and South Korean stocks rose, while most Asian markets were closed for holidays.
* Trump set a deadline for Iran to reopen Hormuz, escalating threats.
* Oil jumped as OPEC+ raised output but war continued to disrupt supply.
He later posted about a “Tuesday 8 P.M. Eastern Time” deadline without elaborating.
Eight members of the Organization of the Petroleum Exporting Countries and allies raised their production quotas on Sunday by 206,000 barrels per day for May.
#business
Key Points
* Japan and South Korean stocks rose, while most Asian markets were closed for holidays.
* Trump set a deadline for Iran to reopen Hormuz, escalating threats.
* Oil jumped as OPEC+ raised output but war continued to disrupt supply.
He later posted about a “Tuesday 8 P.M. Eastern Time” deadline without elaborating.
Eight members of the Organization of the Petroleum Exporting Countries and allies raised their production quotas on Sunday by 206,000 barrels per day for May.
#business
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