Nikkei 225, Hang Seng, Kospi, Sensex, CSI 300
The US-Israeli conflict with Iran limits maritime traffic in the Strait of Hormuz in Fujairah, United Arab Emirates, while the offshore ship ‘Zakher Duty’ is in the Port of Fujairah, 6 May 2026.
Amr Elfiki | Reuters
Asia-Pacific markets opened lower on Friday as concerns grew about a resurgence of hostilities between Iran and the United States amid a fragile ceasefire.
The US and Iran exchanged fire in the Strait of Hormuz, with each side claiming the other launched the attack.
Despite the increase, President Donald Trump insisted the ceasefire remained in effect and said the strikes were “just a touch of love” during a call with an ABC News reporter on Thursday.
Trump later claimed that Real Social post He said the US had “completely destroyed” the Iranians who participated in the exchange, which included small boats and drones that “fell beautifully into the Ocean, like a butterfly landing on its grave.”
He reiterated that Iran would face more attacks if it did not reach a nuclear deal.
“Just like we knocked them out again today, in the future, if they don’t sign their Agreement, we will knock them out much harder and more violently, FAST!” Trump wrote.
Oil futures are on the rise. West Texas Intermediate June futures contracts rose 2.23% to $96.92 per barrel as of 20:02 ET. Brent crude oil July futures contracts traded at $102.46 per barrel, up 2.40%.
South Korea’s Kospi index fell 1.88%, while the small-cap Kosdaq rose 0.56%. of japan Nikkei 225 After reaching a record high on Thursday, it fell by 0.62% due to profit taking.
Australia’S&P/ASX 200 It fell 0.88%.
Hong Kong Hang Seng index Futures traded at 26,285, below the index’s last close of 26,626.28.
