Iran War LIVE: Rising Oil Prices Impact Asian Markets; Nikkei, Kospi, Sensex Fall | N18G
West Asia tensions are rippling through global financial markets, pushing oil prices higher and triggering declines across Asian equities. The MSCI Asia Pacific Index fell about 1.5 percent as major markets including Japan’s Nikkei 225 and Hong Kong’s Hang Seng Index moved lower. Indian benchmarks, the BSE Sensex and Nifty 50, also struggled to recover from early losses. Rising crude prices are increasing production and transport costs, raising inflation concerns. Meanwhile, investors are awaiting the latest Personal Consumption Expenditures Price Index, closely watched by the Federal Reserve, for clues on the timing of potential interest-rate cuts.---
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