Asian equities were poised for a muted open Friday, following a recovery in US stocks and bonds from earlier session lows. The rebound came after Israel signaled it is assisting Washington in reopening the critical Strait of Hormuz, a vital waterway for global oil shipments. This development helped ease market jitters that had intensified earlier in the week.

Regional markets had been under pressure amid escalating tensions in the Middle East and concerns about potential disruptions to energy supplies. The Strait of Hormuz, through which roughly 20% of global oil passes, has been a focal point of geopolitical risks. Investors had been bracing for potential supply shocks that could drive up energy prices and fuel inflation concerns.

The recovery in US markets provided a stabilizing influence for Asian trading, with futures pointing to a cautious but steady start. Market participants are now watching for further developments on the diplomatic and military fronts, as any escalation could quickly reverse the current sentiment. The interplay between geopolitical events and market movements remains a key factor for investors navigating volatile conditions.