Asia Stocks Rise, Oil Fluctuates Amid Iran Deadline Uncertainty

• Financial markets swing as Trump's Iran deadline approaches, with ceasefire signals offset by escalation risks.
• Brent crude trades under $110 a barrel; US equity-index futures erase losses.
• MSCI Asia Pacific Index climbs 0.7%, led by South Korea and technology stocks.
• Trump warns Iran of military action if no deal on Strait of Hormuz, despite talks 'going well'.
• Iran rejects ceasefire, demands permanent war end, sanctions lift, reconstruction, and Hormuz passage protocol.

Key Questions Answered

How will the Iran deadline impact global oil prices?

Global oil prices are expected to remain volatile and potentially surge due to the ongoing Iran conflict and the Strait of Hormuz blockade.

What are the risks for the US and global economy?

Risks to the US and global economy include disruptions to vital shipping lanes like the Strait of Hormuz, leading to higher energy prices and inflation.

Will investors shift back to buying equities soon?

Analysts suggest investors can begin gradually deploying capital into equities near key support levels.