Asian Stocks Wipe Out 2026 Gains as War Drives Inflation Worries

Asian stocks fell, with the key regional benchmark erasing its year-to-date gain, as soaring energy costs tied to the Iran war raise inflation and slower-growth concerns. Higher oil and gas prices are prompting risk-off positioning and may pressure regional growth and inflation expectations.

Analysis

Asian stocks fell, with the key regional benchmark erasing its year-to-date gain, as soaring energy costs tied to the Iran war raise inflation and slower-growth concerns. Higher oil and gas prices are prompting risk-off positioning and may pressure regional growth and inflation expectations.