Asian shares experienced mixed trading on June 23, 2026, as caution prevailed due to ongoing uncertainty regarding the war in Iran. Japan's Nikkei 225 index fell by 0.9% to 71,681.29, reflecting a cooling off after a period of strong market performance. Neil Newman, Managing Director at Astris Advisory Japan, noted that the market had previously risen by about 12.5% over eight days before this decline.

Asian shares rose on Thursday, driven by gains in the technology sector, particularly in Japan and South Korea, following positive earnings reports from U.S. companies like Qualcomm and Micron Technology. Meanwhile, oil prices decreased by over $1, nearing levels seen before the onset of the war with Iran. Qualcomm's stock experienced a 12% increase in after-hours trading after announcing a raise in its earnings forecast.

World shares and U.S. futures declined on Tuesday as escalating conflict in the Middle East pushed oil prices higher, according to the Associated Press. The downturn followed a wave of Houthi attacks on oil facilities and utilities in Saudi Arabia's southern region. Trading floors in Seoul reflected the broader global slide, with South Korean indexes and major stocks such as SK Hynix and Samsung Electronics affected.

Asian stocks showed mixed results on June 24, 2026, following a significant sell-off in major technology stocks across Asia and Wall Street. U.S. stock futures also reflected mixed trading as global investors kept an eye on market developments in Japan and South Korea, which have recently experienced substantial gains.

Oil prices approached $100 a barrel after Iran said a deal with Oman regarding the Strait of Hormuz was close, according to Moneyweb. Brent crude for November settlement rose 0.5% to $97.49 a barrel as of 11:27 a.m. Singapore time. The strait is a key chokepoint for global oil shipments, and developments involving Iran and Oman are being closely watched by energy markets for their potential impact on supply routes and prices.

OPEC+ has approved an increase in oil output as exports through the Strait of Hormuz recover. Brent crude prices were reported at approximately $72 per barrel on Friday, a decline from recent highs exceeding $120, according to SABC Business.