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CNBC22.4.2026Business

Asia-Pacific Markets Slip as Middle East Conflict Concerns Persist

Trump extends U.S. ceasefire in Iran amid uncertainty; Japanese exports rise for seventh month

asia-pacific markets middle east conflict iran sanctions

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Asia-Pacific markets opened broadly lower Wednesday as concerns grew that the Middle East conflict could drag on, after President Trump extended a U.S. ceasefire in Iran at Pakistan's request.
Iranian negotiators refused to attend peace talks, calling them a 'waste of time,' delaying Vice President JD Vance's trip.
Oil prices rose with WTI at $90.39 and Brent at $99.24.

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Asia-Pacific markets opened broadly lower Wednesday as concerns grew that the Middle East conflict could drag on, after President Trump extended a U.S. ceasefire in Iran at Pakistan's request. Iranian negotiators refused to attend peace talks, calling them a 'waste of time,' delaying Vice President JD Vance's trip. Oil prices rose with WTI at $90.39 and Brent at $99.24. Japan's Nikkei fell 0.41% and Topix dropped 0.67%, while South Korea's Kospi edged up 0.16%.

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