Asia Markets Set to Open Higher Amid U.S.-Iran Tensions

Asia-Pacific markets were set to open higher as tensions between the U.S. and Iran escalated. West Texas Intermediate futures surged 7.98% to $90.53 per barrel, while Brent crude rose 6.87% to $96.59. Japan's Nikkei 225 indicated a gain with futures last trading at 59,015 compared to its previous close of 58,475.90. The S&P 500 increased by 1.2% to close at 7,126.06, marking its first close above 7,100, with the Nasdaq Composite gaining 1.52%, continuing its longest winning streak since 1992.