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Asian Stocks Set to Fall as Oil Surges Past $100: Markets Wrap

Geopolitics & WarEnergy Markets & PricesInflation

Asia stocks were set to fall following a sharp Wall Street selloff, while oil jumped above $100/bbl for the first time in two months. The surge reflects an escalating Middle East conflict that is reviving fears of renewed inflation, adding risk to equities through higher energy-driven price pressure.

Analysis

Asia stocks were set to fall following a sharp Wall Street selloff, while oil jumped above $100/bbl for the first time in two months. The surge reflects an escalating Middle East conflict that is reviving fears of renewed inflation, adding risk to equities through higher energy-driven price pressure.

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