Stocks drop, oil rises after Trump Iran threat.
Most Asian equities declined on Friday while oil prices climbed further after US President Donald Trump heightened tensions in the Middle East by suggesting possible military action against Iran if nuclear negotiations fail to produce a “meaningful deal.” The remarks dampened a fragile market rebound that followed an AI-driven sell-off earlier this month. Investors are also awaiting fresh US economic data expected later in the day, which could offer new […]