(RTTNews) - The Indonesia stock market on Wednesday ended the four-day losing streak in which it had tumbled more than 240 points or 3.5 percent. The Jakarta Composite Index now sits just above the 7,180-point plateau and it's tipped to open in the green on Thursday.
(RTTNews) - The Indonesia stock market on Wednesday ended the four-day losing streak in which it had tumbled more than 240 points or 3.5 percent. The Jakarta Composite Index now sits just above the 7,180-point plateau and it's tipped to open in the green on Thursday.
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil rose in volatile trading as U.S. President Donald Trump in his address to the nation on Iran war said that he expected the conflict to last another two...
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil rose in volatile trading as U.S. President Donald Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks. U.S. West Texas Intermediate crude futures for May gained 1.7% to $101.8 a barrel as of 9:27 p.m. ET. International benchmark Brent crude rose 2.85% to $104.04 per barrel. Earlier on Wednesday, Trump said in a post on Truth Social that Iran had asked for a ceasefire , raising hopes for more oil tanker movement through the Strait of Hormuz. Traffic in the vital strait, which used to see 20% of the world's oil and gas flows through, has effectively ground to a halt since the U.S.-Israel war against Iran began on Feb. 28. Iran's "New Regime President" has asked the U.S. for a ceasefire, a request will only be considered if the Strait of Hormuz is "open, free, and clear," Trump said. "Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!" The Islamic Republic, however, has denied Trump's claim , saying that the waterway won't be reopened based on the U.S. leader's "absurd displays" and that the key transit route remains "decisively and dominantly under the control of the IRGC Navy." Stock Chart Icon Stock chart icon Brent The two sides have frequently contradicted each other's claims about the existence and status of peace-deal talks since the war started. Trump has also sent conflicting signals, reportedly saying negotiations were close to producing a peace deal, but the U.S. was also prepared to escalate fighting by sending thousands of troops to the region. Brent oil dipped below $100 per barrel for the first time in a week after Trump said Tuesday evening that he expected the U.S. military to wind down operations against ...