Asian Stocks Set to Fall as Gulf Tensions Lift Oil: Markets Wrap

Stocks in Asia were set to fall Tuesday as a surge in oil prices dragged US equities and bonds lower, with escalating tensions around the Strait of Hormuz raising fresh fears about high energy prices and global inflation.

May 5, 2026 - 06:00
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Asian Stocks Set to Fall as Gulf Tensions Lift Oil: Markets Wrap
Stocks in Asia were set to fall Tuesday as a surge in oil prices dragged US equities and bonds lower, with escalating tensions around the Strait of Hormuz raising fresh fears about high energy prices and global inflation.

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