Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Oil prices surged sharply in Asian markets on Friday after Israel launched a large-scale preemptive airstrike on Iran, raising fears of a wider Middle East conflict and potential disruptions to global oil supply.
As of 21:22 ET (01:22 GMT), Brent crude futures for July delivery spiked 8.5% to $75.15 per barrel—the highest level since early February. West Texas Intermediate (WTI) crude futures rose 8.4% to $73.68 per barrel, marking a significant jump driven by mounting geopolitical tensions.
According to media reports, Israel carried out airstrikes on “dozens” of Iranian military and nuclear facilities early Friday. Explosions were reported across Tehran, and Iranian state media confirmed the activation of its air defense systems. Israel's Defense Minister Israel Katz warned of an imminent retaliatory missile and drone attack from Iran, potentially targeting Israeli civilians.
The United States emphasized its non-involvement in the operation. Two U.S. officials told Reuters that Israel acted independently, and CNN reported that President Donald Trump held an emergency cabinet meeting in response to the situation.
The sudden escalation between Israel and Iran has injected a fresh geopolitical risk premium into oil markets. Traders are now pricing in the possibility of major supply disruptions, especially if the conflict impacts key oil-producing regions or transport routes.
Friday’s dramatic oil rally highlights the market’s sensitivity to geopolitical developments in the Middle East, a region critical to global energy flows. The ongoing uncertainty is expected to keep crude prices volatile in the near term, with energy traders closely watching for further retaliatory moves from Iran or wider regional fallout.
