Oil prices fell sharply in Asian trade on Monday, with Brent breaking below $100 a barrel amid growing hopes for a U.S.-Iran peace deal. 

U.S. stock futures rose on Monday while the dollar and oil prices slipped as the prospect of a deal to end the Iran war buoyed risk appetite although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check. 

Myanmar exported 333,367 tonnes of rubber in the past financial year 2025-2026 (1 April- 31 March), bagging over $519.8 million, according to the Ministry of Commerce.

Most Asian currencies weakened sharply on Monday as concerns over the inflationary impact of the Iran war drove up yields and pressured risk-driven markets in Asia. 

The dollar climbed for a fifth straight session on Friday, set for sharp weekly gains, amid elevated expectations for interest rate hikes. A lack of major breakthroughs on key areas such as trade, artificial intelligence, and the Iran war from President Donald Trump’s high-stakes visit to China also weighed on risk sentiment and boosted safe haven demand. 

Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran.