# Asia shares weaken, oil rises as investors assess Saudi-Houthi escalation

https://mins.news/en/item/89063

- Reuters, 2026-10-07 03:50 UTC
- Economy
- Original: https://www.reuters.com/world/china/global-markets-global-markets-2026-10-07/?link_source=ta_bluesky_link&taid=6ac5c16ea431ad00017b168e

> 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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