Asian markets fall, oil prices surge amid supply disruptions

Asian markets fall, oil prices surge amid supply disruptions Asian stocks fell while oil prices rose as the US-Israeli war on Iran continued to weigh on global markets. South Korea’s Kospi dropped 3.82, while Japan’s Nikkei index also declined, despite a partial recovery. China A50 edged slightly lower. Oil prices climbed sharply, with US benchmark West Texas Intermediate rising 1.08 to 103.99 a barrel, crossing 100 for the first time since the conflict began.