Trump's Iran warning rattles markets as oil supply fears surge. Asia-Pacific indices fell Monday amid renewed geopolitical tensions after the U.S. President warned Iran to act quickly, threatening unspecified consequences. Oil markets responded sharply with Brent crude climbing 0.79% to $110.12 per barrel and West Texas Intermediate rising 1.17% to $106.65. Australia's ASX 200 dropped 1.45%, Japan's Nikkei fell 0.97%, and Hong Kong's Hang Seng declined 1.22%. Bond yields spiked as inflation concerns mounted, with Japanese 10-year yields jumping over 9 basis points. The escalating tensions between Washington and Tehran, combined with ongoing port blockades and Strait of Hormuz closure, have intensified supply disruption risks. U.S. stock futures remained largely flat as traders await earnings from Nvidia and major retailers following last week's tech-driven selloff on Wall Street.
