Asian equity markets traded lower after geopolitical tensions intensified in the Gulf region, leading investors to reduce exposure to riskier assets. Major indices across Japan, South Korea and other regional markets declined as rising oil prices fuelled concerns over global inflation and economic growth.
The cautious sentiment also spread to European and U.S. futures, reflecting growing uncertainty across financial markets. Analysts believe investor focus will remain on inflation data and developments in the Middle East during the week.
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