Asian Shares Mostly Lower As Mideast Peace Hopes Fade

Asian equities closed mostly lower as elevated oil prices and rising bond yields revived inflation concerns, while fading hopes for a U.S.-Iran deal to end the war added geopolitical risk. The combination of higher energy costs and higher yields pressured risk sentiment, weighing on market performance into the close.

Analysis

Asian equities closed mostly lower as elevated oil prices and rising bond yields revived inflation concerns, while fading hopes for a U.S.-Iran deal to end the war added geopolitical risk. The combination of higher energy costs and higher yields pressured risk sentiment, weighing on market performance into the close.