EconomyAsia shares weaken, oil rises as investors assess Saudi-Houthi escalation
Asian markets edged lower on Wednesday despite U.S. stocks reaching fresh highs. Oil prices climbed as a storm approached the Gulf of Mexico and tensions intensified between Saudi Arabia and Iran-backed Houthi forces in Yemen.
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Reuters★★★☆☆2026-10-07 03:50Original
Asia shares weaken, oil rises as investors assess Saudi-Houthi escalation
Economy