S7/10Economic

Asian stocks fall, oil gains as US strikes Iran

US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in tech stocks, rattled Asian equities and Wall Street futures.

Investors remain cautious, anticipating potential inflationary pressures and higher interest rates despite a softer US inflation report.

11 Jun 2026, 00:45 UTCSource: Economic TimesOriginal source

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