Asian equity indices slipped, with South Korea KOSPI down 1.3% and Japan Nikkei 225 down 0.4% amid ceasefire doubts.
Hong Kong Hang Seng fell 0.5% as Alibaba (9988) dropped 3% after Jefferies cut its target price.
Oil prices rebounded roughly 3% while the Strait of Hormuz remained largely closed, keeping energy markets on edge.
Futures for India's Nifty 50 slipped after a near‑4% rally, and Singapore's STI fell 0.3% as risk appetite waned.