HONG KONG: Oil prices extended gains Monday as rising US-Iran tensions fuelled supply concerns, while Asian equity traders moved cautiously ahead of a crunch meeting between Donald Trump and Xi Jinping this week.
The US president said he was ready to reach out to Iran if it renounced nuclear weapons, adding that if leaders did so"I'm going to be their best friend". But Iran continues to insist its atomic programme is for civilian purposes.
Seoul, Wellington and Manila added 0.2 per cent each, though Sydney, Singapore, Taipei and Jakarta were in the red. The Turkish lira jumped 0.8 per cent after the opposition candidate in Istanbul's controversial mayoral election re-run again beat President Recep Tayyip Erdogan's ruling party.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Prodded by Trump, US seeks other methods to stop Iran shy of conventional warWASHINGTON (NYTIMES) - US intelligence and military officers are working on additional clandestine plans to counter Iranian aggression in the Persian Gulf, pushed by the White House to develop new options that could help deter Teheran without escalating tensions into a full-out conventional war, according to current and former officials.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Iran's airspace fully safe; Iran will respond firmly to any US threat: Tasnim news agencyDUBAI (REUTERS) - Iran's Civil Aviation Organisation said on Saturday (June 22) that the country's airspace was safe for airlines to fly through, the semi-official Tasnim news agency reported, amid escalating tension between Teheran and Washington over the shooting down of an unmanned US drone by Iran.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Iran says it will respond firmly to any US threatIran will respond firmly to any US threat against it, the semi-official Tasnim news agency reported on Saturday, citing foreign ministry spokesman ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US arms makers see booming European demand amid concern over Russia and Iran threatsPARIS (REUTERS) - US arms makers say European demand for fighter jets, missile defences and other weapons is growing fast amid heightened concerns about Russia and Iran.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
SIA to avoid Strait of Hormuz amid US-Iran tensionsSOME Singapore Airlines (SIA) flights to Europe may take 'slightly longer' routes to avoid Iranian-controlled airspace over the Strait of Hormuz amid ongoing tensions between Iran and the United States, an SIA spokesman said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Iran crisis could 'spin out of control': Former US military aideWASHINGTON: A former top US military advisor warned on Sunday (Jun 23) that tensions with Iran 'could spin out of control' after President Donald ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »