Stocks fell across Asia as oil prices surged amid US-Iran air strikes in the Strait of Hormuz and increased Houthi attacks on Saudi Arabia. Investors appeared to be watching for signals that the Federal Reserve and other central banks will raise interest rates to curb expected inflation.
WHO:Investors; Federal Reserve and other central banks
WHAT:Stocks fell across Asia as oil prices surged and investors awaited potential interest-rate hikes to address inflation fears.
WHEN:Reported Sep 9, 2026 at 10:47 PM ET
WHERE:Asia
WHY:Oil prices surged, raising fears of worsening inflation and prompting investors to anticipate possible interest-rate increases by central banks.
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