local
Asian shares are trading mixed amid caution about the war in Iran
By Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate)
· June 23, 2026
· 1 min read
Asian shares were mixed in subdued trading early Tuesday, as recent enthusiasm cooled and markets faced uncertainty about efforts to end the war in Iran. Japan's benchmark Nikkei 225 lost 0.9% in morning trading to 71,681.29.“We’ve had eight days of strong markets. The market was up for about 12....
Key takeaway “We’ve had eight days of strong markets.
Why this matters in The San Antonio
San Antonio 's economy, heavily reliant on the energy industry, is closely watching the developments in the Iran war and its impact on oil prices. A potential end to the conflict could lead to increased oil production and lower prices, benefiting local refineries and consumers. However, the uncertainty surrounding the conflict is also affecting the stock market, with the S&P 500 slipping 0.4% on Monday. This volatility could have a ripple effect on San Antonio's business community, particularly on companies with ties to the energy sector. As the Federal Reserve considers hiking interest rates to combat inflation, local businesses and consumers may face increased borrowing costs, making it essential to monitor the situation closely. With the city's strong ties to the military and defense industries, the outcome of the Iran war and its economic implications will likely have significant repercussions for San Antonio's economy.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 23, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 1 min
Get more The San Antonio stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? Asian shares were mixed in subdued trading early Tuesday, as recent enthusiasm cooled and markets faced uncertainty about efforts to end the war in Iran. Japan's benchmark Nikkei 225 lost 0.9% in morning trading to 71,681.29.“We’ve had eight days of strong markets. The market was up for about 12....
When was this published? This article was first published on June 23, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Yuri Kageyama, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter