Oil dips while stocks gain as US, Israel, Iran continue strikes

US, Israel &  Iran – (Web Desk) – Asian markets mostly moved up on Wednesday, while oil prices slipped a little. This came after another strong day for tech stocks on Wall Street. The mood stayed mixed as the United States carried out strikes on Iranian missile sites near the Strait of Hormuz, and Iran hit oil producing areas in the Gulf.

The conflict in the Middle East is still going on. Oil prices are staying close to 100 dollars a barrel, which is raising fears of new inflation. Even then, many investors have started buying stocks again after the heavy losses seen at the start of the war.

Experts say this calm mood may not last. If the fighting continues and oil prices rise more, markets could turn negative again. The Strait of Hormuz is very important, as a large part of the world’s oil and gas passes through it. Any long closure can hurt global supply.

Central banks are now under pressure. They may want to cut interest rates to support growth, but rising prices could force them to keep rates high or even increase them.

To keep the route open, US forces dropped heavy bombs on Iranian missile positions near the coast. Iran, on the other hand, is trying to raise pressure by pushing oil prices higher after the joint US and Israeli attacks.

US President Donald Trump also showed frustration, saying allies are not helping enough to protect oil tankers in the Strait.

At the same time, Israel said it killed senior security leader Ali Larijani. Attacks continued across the region. Saudi Arabia stopped several drones, while Kuwait responded to rocket and drone threats. Missiles also hit areas near Tel Aviv, causing deaths. Israel also carried out strikes in Beirut targeting Hezbollah.

Reports show oil supply from the Middle East has dropped sharply. Analysts warn the situation is still unstable and exports could fall further if the crisis continues.

Even with all this tension, oil prices went down slightly. US crude fell near 95 dollars, while Brent stayed just above 100 dollars. Stock markets, however, kept rising. Tech companies like Apple and Amazon helped support gains.

Markets in Seoul and Tokyo saw strong jumps. Other cities like Sydney and Singapore also moved higher. Still, some markets like Hong Kong and Shanghai stayed lower.

Ali Larijani killed in Israeli airstrike, Iran says; son Morteza also dead

Analysts say investors are trying to stay positive and are ignoring the risks for now. But if the war drags on, traders may become more careful again.

All eyes are now on the US Federal Reserve meeting. It is expected to keep interest rates unchanged, but its future outlook will be very important for global markets.