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Oil plunges, Asian stocks mixed as US considers waiving Iranian oil sanctions

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BT Market Focus

Market Focus Daily is a closing bell look at markets and the news that drove its movements-every trading day. Market Focus Weekly rounds up the week w 
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Market news for June 17, 2026: Asian stocks traded sideways today, as investors await the Federal Reserve’s policy meeting and for the reveal of more details on the US-Iran deal. Oil prices plunged amid growing optimism on rising oil supply.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Nicole Teo (nicolet@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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BT Market Focus

Market Focus Daily is a closing bell look at markets and the news that drove its movements-every tra 
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