Asian Markets Show Mixed Results Amid Ongoing U.S.-Iran Tensions
Asian stock markets displayed mixed results as the Nikkei 225 index in Tokyo reached a new record high, following a strong performance by U.S. stocks. The price of oil increased by more than $1 due to ongoing complications in negotiations to end the conflict with Iran. President Trump announced the cancellation of plans to send U.S. envoys to Pakistan for further talks, citing a lack of progress. The situation has kept tensions high, affecting global oil supply routes, particularly through the Strait of Hormuz. Meanwhile, major central banks, including the Federal Reserve, are expected to make decisions on interest rates this week. 
