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Asian Market Updates

Asian Shares Mixed On Oil Price Jitters

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Asian stocks ended mixed on Monday as the ongoing war in the Middle East dragged into a third week, driving energy prices sharply higher and clouding the outlook for growth, earnings and inflation.

Regional losses remained capped somewhat after U.S. President Donald Trump called on allies to send naval escorts to protect vessels in the Strait of Hormuz.

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Market Analysis

Global Economics Weekly Update - March 09 - 13, 2026

March 13, 2026 15:13 ET
The week saw no cooling of the tensions in the Middle East that kept pushing the crude oil and gold prices higher, worsening concerns over the overall impact on the global economy. On the data front, latest inflation and foreign trade data were the highlights in the U.S. Trade was also in focus in Europe as Germany released its figures for January. In Asia, Japan revised its growth figure for the fourth quarter and China published external trade data for the first two months of the year.