Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis

Asia-Pacific markets are acceptable to plunge Monday, aft the United States' onslaught connected 3 atomic sites successful Iran raised lipid prices and investors' fears of an escalation successful the Middle East conflict.

Oil prices person spiked successful caller weeks pursuing the accrued tensions successful the Middle East.

Brent Crude was trading astatine $78.88 per tube aft surging 2.48%, arsenic of 7.30 a.m. Singapore time, portion the West Texas Intermediate crude added 2.48% to $75.65.

Japan's benchmark Nikkei 225 was acceptable to unfastened lower, with the futures declaration successful Chicago astatine 38,310, portion its counterpart successful Osaka past traded astatine 38,370, against the index's Friday adjacent of 39,403.23.

Futures for Hong Kong's Hang Seng index stood astatine 23,396, pointing to a weaker unfastened compared to the HSI's past adjacent of 23,530.48.

Australia's S&P/ASX 200 is besides slated to unfastened lower, with futures tied to the benchmark astatine 8,469, compared to its past adjacent of 8,505.50.