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Asian Markets Rise Slightly Amid US-Iran Clashes; Oil Prices Continue Climbing

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First reported by Globes · Jul 13, 2026

What happened

Asian markets edged higher amid US-Iran military clashes, while oil prices climbed above $80 per barrel. US stocks fell due to geopolitical tensions and rising energy costs. China reported strong export and import growth in June, surpassing expectations. The US inflation report and upcoming earnings season are closely watched amid mixed economic signals.

01Asian stock markets rise modestly amid US-Iran overnight strikes and high volatility.
02Oil prices continue climbing, with Brent near $84 and WTI around $79-$80 per barrel.
03China’s June exports and imports surged significantly, beating forecasts.
04US stocks fell, led by semiconductor and bank shares, amid geopolitical tensions.
05SpaceX shares dropped to near IPO price after a rapid post-IPO surge.
06US inflation data expected to show slight easing, but core inflation may rise.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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