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Asian Shares Are Mixed with Tech Stocks Volatile, and Oil Falls on Trump's Russian Sanctions Waiver

Oil fell more than 1% after Trump suspended new Russia sanctions, easing fears of tighter supply as Asian shares stayed mixed amid tech volatility.

  • Oil prices fell more than 1% on Monday after President Donald Trump waived sweeping sanctions on Russia, including on energy exports.
  • Trump's decision followed a diesel deal reached earlier this month with Russia aimed at lowering elevated U.S. fuel prices ahead of the Nov. 3 midterm elections.
  • South Korea's benchmark Kospi index rose 1.1% on Monday, while Indonesia's benchmark stock index fell 5% following index provider MSCI's warning of a downgrade.
  • A broad sell-off of technology shares has pressured markets, with investors now watching for upcoming U.S. earnings from Meta, Netflix, General Motors, Tesla, and IBM.
  • Geopolitical tensions in the Middle East, including uncertainty surrounding oil transport in the Strait of Hormuz, continue to exert upward pressure on crude prices despite Monday's decline.
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Asian shares are mixed with tech stocks volatile, and oil falls on Trump's Russian sanctions waiver

Asian shares are mixed as the volatility in technology stocks persists.

·Orlando, United States
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Owensboro Messenger-Inquirer broke the news on Monday, October 19, 2026.
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