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Oil Prices Rise, Asian Equities Fall Amid U.S.-Iran Talks Deadlock
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- Published
- Sep 29, 2026, 1:36 AM UTC
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Asian stocks mostly fell and oil prices extended gains as hopes for a reopening of the Strait of Hormuz fade amid expectations the Federal Reserve will hike interest rates again next month.The talks are expected to focus on "messages exchanged with the United States through intermediaries... particularly regarding the…
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential Iran war peace deal negotiations. Federal Reserve officials hinted at possible interest rate hikes if inflation continues to rise significantly.…