London: (RightNow). Rising tensions between the US and Iran continue to drive up global oil prices. Asian stock markets also display mixed trends during trading.

In the global market, the price of US crude oil (WTI) has increased by 41 cents, reaching $79.75 per barrel. British Brent crude oil has risen by 48 cents, trading at $85.21 per barrel.

Investors in Asian stock markets remain cautious. Various markets exhibit mixed trends.

Japan’s Nikkei Index has surged by 1,008 points, reaching 68,751 points. South Korea’s Kospi Index closed with a gain of 427 points, at 7,284 points.

It is noteworthy that rising geopolitical tensions in the Middle East are impacting global energy markets and financial exchanges. Investors are adopting cautious strategies.