[MARKET UPDATE] Asia-Pac stocks slide at the open following the escalation in the Middle East conflict with Yemeni Houthis joining in the war, while US and Israel conducted strike on Iran's metal plants and some energy-related facilities

Newsquawk StaffPublished 30 Mar 2026, 00:21 UTC

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00:22

US President Trump says good negotiations today with Iran and we destroyed many targets today, adds negotiating directly and indirectly with Iran

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Explosion reported in Sharjah, UAE, according to Mehr News Agency

00:01

[MARKET UPDATE] Asia-Pac stocks slide at the open following the escalation in the Middle East conflict with Yemeni Houthis joining in the war, while US and Israel conducted strike on Iran's metal plants and some energy-related facilities

23:52

US President Trump says US could take oil in Iran and could take Kharg Island 'very easily', according to FT

23:50

BoJ Summary of Opinions from March meeting stated that a member said it is appropriate to continue raising interest rates if the economic and price forecasts materialise

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The escalation of conflict in the Middle East, marked by the involvement of Yemeni Houthis and strikes on Iranian facilities by the US and Israel, is weighing on Asia-Pacific stocks this morning. This could lead to heightened risk aversion and volatility in energy markets, potentially boosting safe-haven assets like gold while pressuring oil prices amidst concerns over supply disruptions. Traders should closely monitor these developments for broader impacts on equity and commodity markets.

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