June 17, 2026
Markets settled into a more measured tone on Gulf developments as the initial excitement over the preliminary agreement began to fade
"The lack of details especially on freedom of shipping is a concern but not one that should constrain markets today,” one analyst says
A strategist in Singapore says that trimming positions on tech stocks might be prudent, especially in the face of a re-escalation of the Iran war
Investors remain cautious as concerns rise over the AI-driven market rally
Power-saving curbs return nationwide as Eid relaxation ends and demand pressures rise again
US allies bypass sidelined diplomats, relying on presidential back channels amid erratic signals from the president
Brent crude futures edged up 0.6% to $105.68 a barrel in Asia trade, retracing declines after three supertankers passed through the Strait of Hormuz
Oil prices decline as US President Trump says he paused a planned attack against Iran to allow for further negotiations
