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Asian markets decline amid rising oil prices, Middle East tensions, and US futures decline
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- Published
- Sep 28, 2026, 6:05 AM UTC
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Transcontinental geopolitical region
The Middle East is a geo-political region that is generally defined as encompassing all of Egypt and all of West Asia except for the Caucasus. It roughly corresponds with what was historically referred to in Western Europe as the Near East, which was juxtaposed with the Far East. Unlike West Asia's adherence to continental boundaries, the Middle East is demarcated by following political borders and consequently includes East Thrace in Southeast Europe because it is a part of Turkey.
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Asian shares have mostly declined following Wall Street losses, and U.S. Treasury yields steadied after reaching their highest in roughly two decades
Asian equity markets traded predominantly lower on Monday, reversing early-session tailwinds from Wall Street as geopolitical friction and surging energy prices weighed on risk sentiment. U.S. equity futures came under immediate pressure following
Asian bonds looked set to track Treasuries lower as the US-Iran standoff kept oil prices elevated, adding to inflation concerns and bets on further Federal Reserve interest-rate hikes.