Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
WTI rises as U.S.-Iran conflict escalates amid tanker strikes
WTI crude oil futures rose in early Asian trade as the U.S.-Iran conflict escalated, with the U.S. saying it struck three Iranian oil tankers after Iran launched ballistic missiles toward two Navy warships.
US Oil Futures: Crude Rises Over 1% on Supply Disruption Risks
() -- Oil benchmarks gained more than 1% on Tuesday supported by maritime hostilities in the Strait of Hormuz that are igniting concerns among traders of further supply disruption. The Brent futures contract rose 1.6% to $73.12 per barrel. West Texas Intermediate futures gained 1.5% to $69.60 per barrel. The upward pri