Asian Markets Rise as Oil Prices Climb Amid Ongoing Iran Uncertainty
Asian shares rose on Wednesday as US stocks retreated slightly from record highs. The Tokyo Nikkei 225 led the gains, increasing by 0.8% to 67,524.06.
The gains in Asia followed a mixed performance in Europe. Oil prices climbed as doubts persisted over when crude exports would resume after the war with Iran. US inflation data is due out later this week and may influence market sentiment.