Asian shares climb as Strait of Hormuz reopening talks stay in focus and oil prices ease
Asian equities rose as investors tracked talks to reopen the Strait of Hormuz and reacted to falling oil prices, easing near-term energy supply risk and supporting oil-importing markets like Japan. Ongoing AI enthusiasm also lifted regional risk appetite. The combination implies a modest risk-on tone for equities and pressure on crude, with market sensitivity tied to Middle East headline risk.
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NCCO1OILWTI2USD/USDT-2.81%
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▲ Bullish
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Most Asian stock markets rose in early Wednesday trading as investors watched talks on reopening the Strait of Hormuz, which has been largely shut due to the war in Iran. Continued global interest in artificial intelligence supported some regional stocks. Falling oil prices lifted sentiment in oil-importing economies such as Japan, where the Nikkei 225 was up 0.7% in afternoon trading.