Oil prices surge, fuel costs rise: Asia markets stay calm despite US–Iran tensions

Apr 27, 2026 #aljazeeraenglish #BreakingNews #aljazeeralivenews
Asian markets are showing resilience despite stalled peace talks between the Un
Apr 27, 2026 #aljazeeraenglish #BreakingNews #aljazeeralivenews
Asian markets are showing resilience despite stalled peace talks between the United States and Iran, with major indices in South Korea and Japan remaining stable.

In this live report from Seoul, Barnaby Low explains why investors appear unfazed by tensions in the Strait of Hormuz, even as diplomatic efforts between Washington and Tehran face uncertainty.

While markets are supported by optimism around artificial intelligence growth and ongoing diplomatic channels, rising oil prices are telling a different story. Brent crude has surged above $100 per barrel, pushing fuel costs higher across Asia.

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