Asia stocks unsteady, oil jumps on Gulf tensions, gold makes a comeback

Oil prices climbed after the US shot down an Iranian drone and armed boats approached a US-flagged vessel ‍in a key waterway, while precious metals found a firmer footing ​after a recent rout

Feb 4, 2026 - 10:00
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Asia stocks unsteady, oil jumps on Gulf tensions, gold makes a comeback
Oil prices climbed after the US shot down an Iranian drone and armed boats approached a US-flagged vessel ‍in a key waterway, while precious metals found a firmer footing ​after a recent rout

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