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Asia markets open lower as oil surges after U.S. moves to blockade Iran ports

Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.

1 report1 sourceApr 13, 2026, 12:14 AM
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CNBCApr 13, 2026, 12:14 AM

Asia markets open lower as oil surges after U.S. moves to blockade Iran ports

Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.

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