Oil Surge Past $110 and Gulf Tensions Drag Down Asian Markets

Name: Oil Surge Past $110 and Gulf Tensions Drag Down Asian Markets
Uploaded: 2026-10-23T04:30:05.563394+00:00
Description: Asian equities fell on Oct. 22, 2026, as Brent crude climbed to about $110 a barrel amid attacks on tankers near the Strait of Hormuz and uncertainty over the Federal Reserve's next move. Technology shares in South Korea led declines despite resilient U.S. earnings, as investors questioned whether the artificial intelligence investment boom will pay off.

Asian equities fell on Oct. 22, 2026, as Brent crude climbed to about $110 a barrel amid attacks on tankers near the Strait of Hormuz and uncertainty over the Federal Reserve's next move. Technology shares in South Korea led declines despite resilient U.S. earnings, as investors questioned whether the artificial intelligence investment boom will pay off.

Read the full story