---
title: "Asian markets gain despite weekend flare-up in US.-Iran tensions; China keeps LPR steady"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283296919.md"
description: "Asian equity markets rose on Monday despite tensions between the US and Iran, which included the US seizing an Iranian-flagged vessel. This instability poses risks to global growth and inflation for oil-importing Asian economies. Meanwhile, the People's Bank of China kept its benchmark loan prime rates steady."
datetime: "2026-04-20T05:19:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283296919.md)
  - [en](https://longbridge.com/en/news/283296919.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283296919.md)
---

# Asian markets gain despite weekend flare-up in US.-Iran tensions; China keeps LPR steady

Asian equity markets rose on Monday despite US-Iran tensions, including the US seizing an Iranian-flagged cargo vessel and Iran reasserting control over the Strait of Hormuz. The instability raises global growth and inflation risks for oil-importing Asian economies. In China, the People’s Bank of China maintained its benchmark loan prime rates unch...

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