Asian markets open mixed, oil prices slide following Trump’s Iran decision

PSX Update • Aug 3, 2026

Asian markets started the week on a mixed footing on Monday as oil prices retreated after U.S. President Donald Trump said he had called off a planned military strike on Iran, easing immediate concerns over supply disruptions in the Middle East.

August 03, 2026 (MLN): Asian markets started the week on a mixed footing on Monday as oil prices retreated after U.S. President Donald Trump said he had called off a planned military strike on Iran, easing immediate concerns over supply disruptions in the Middle East. Japan led regional declines, with the Nikkei 225 falling 1.43% and the Topix losing 1.45%. South Korea's Kospi dropped 4.57% at the open, while the Ko...