Asian markets started lower on Friday after Israel attacked near Iran's capital. This event has made people more worried about Iran's nuclear program, which caused oil prices, including U.S. and Brent crude, to go up a lot. Big stock markets like Tokyo’s Nikkei 225 and Hong Kong’s Hang Seng all went down. However, Xu Tiachen from The Economist Intelligence thinks Asian markets will probably get better quickly. This is because they are not very involved in the conflict and have good connections with stable areas like Saudi Arabia and the UAE. At the same time, U.S. stock markets rose on Thursday because of good news about inflation. This also led to lower government bond yields, suggesting that the Federal Reserve might lower interest rates later this year. Even so, people are still worried about how Trump's changing tariffs could affect prices and if there might be a recession.