Asian Stocks Rise, Oil Prices Decline Amidst Iranian Attacks

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Asian Shares Rise, Oil Slips Despite Iran Attacks; Fed Rate Decision Awaited

Representational image (Image: News18)

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News18•18-03-2026, 10:45

Asian Shares Rise, Oil Slips Despite Iran Attacks; Fed Rate Decision Awaited

•Asian markets mostly higher, with Japan and South Korea benchmarks jumping as oil prices fell.
•US futures rose ahead of the Federal Reserve's interest rate decision, widely expected to keep rates on hold.
•Brent crude fell 2.3% to around $101 per barrel, while US benchmark crude dropped over 3% to $93.17.
•Iran launched multiple attacks on Gulf neighbors and Israel, but markets largely took the escalations in stride.
•Lower oil prices benefit major importers like Japan and South Korea; Hong Kong and Shanghai indices saw slight losses.

Read Full Article on News18 in English

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