Asian shares and US futures decline, while oil prices press higher
Middle East conflict lifted Brent crude 1.4% to $98.40 a barrel as Asian markets and U.S. futures fell, while investors awaited inflation data this week.
- Asian shares and American futures skidded on Tuesday as flaring conflict in the Middle East pushed oil prices higher. Brent crude added 1.4% to $98.40 a barrel amid regional tensions.
- Houthi attacks on oil facilities and utilities in Saudi Arabia's southern region escalated conflict between an important American ally and Iranian-backed rebels in Yemen. This regional instability disrupts energy markets.
- Tokyo's Nikkei 225 sank 1.7% as major exporters were sold. China reported exports jumped 25% year-on-year in August, while Australia's ASX 200 declined 1% amid regional volatility.
- Early Tuesday, the dollar slipped to 153.47 Japanese yen from 154.34 yen. Wall Street prepares for the American Producer Price Index and Consumer Price Index reports this week.
- Norihiro Yamaguchi of Oxford Economics warned supply-side-driven inflation will accelerate as firms pass on costs, deteriorating consumers' "purchasing power." Recent data showed the economy grew faster in the April-June quarter than initially reported.
29 Articles
29 Articles
A barrel of Brent oil is trading at $98.47 on international futures markets.
Associated Press News
Asian shares and US futures decline, while oil prices press higher
Asian shares and U.S. futures have fallen as flaring conflict in the Middle East pushes oil prices higher.
CHOCHILINO Asian shares and US futures are mixed, while oil prices creep higher %
BANGKOK — Asian shares and U.S. futures skidded Tuesday as flaring conflict in the Middle East pushed oil prices higher. A wave of Houthi attacks on oil facilities and utilities in Saudi Arabia’s southern region has escalated a renewed conflict between an important U.S. ally and Iranian-backed rebels in Yemen. Tokyo’s Nikkei 225 gave up …
There are signs of a quiet start to the trading day on Tuesday for European stocks. “Oil prices are creeping up a bit this morning, while stocks are trading more or less unchanged. In Asia, stock markets are trading somewhat mixed. Chip stocks in South Korea are getting some tailwind from AI optimism.
Asia-Pacific stock markets were mixed amid US-Iran tensions. Surging oil prices and bond yields impacted markets. Read the full analysis.
Stock Market Today: Asian and European Markets Mixed as Oil Rises
By William Collins, consultant in stock markets – Eurasia Business News, September 7, 2026. Article no 3148 Asian and European stock markets delivered mixed performances on September 7, as renewed tensions between the United States and Iran pushed oil prices higher and increased concerns about inflation. Wall Street remained closed for the U.S. Labor Day holiday, […]
Coverage Details
Bias Distribution
- 54% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
