Asian stock markets experienced gains, particularly in technology sectors, driven by positive sentiment surrounding ongoing trade discussions between the US and China. These talks precede a significant summit between President Trump and President Xi Jinping scheduled for later this week.
Oil prices fell as Saudi Arabia appears to be restoring crude shipments after disruptions caused by Houthi attacks on its East-West pipeline. Despite these challenges, overall oil flows in the region remain robust, with analysts noting a notable increase in Saudi oil moving through the Strait of Hormuz.