U.S. strikes on Iranian nuclear sites could escalate tensions in the Middle East, potentially disrupting oil exports and causing a spike in energy prices. However, history suggests any disruption may be short-lived.
Oil prices took a hit as hopes for peace between Russia and Ukraine impacted the market. Brent and WTI fell over 1% due to increased supply outlook and easing geopolitical tensions.
President Donald Trump and Japanese Prime Minister Shigeru Ishiba meet to discuss military cooperation, foreign investment, technology development, and American energy exports. The talks aim to strengthen U.S.-Japan relations and boost security in the Indo-Pacific region.
