Asian stocks turned in a mixed performance on Monday as renewed Middle East tensions and Fed Chair Kevin Warsh’s hawkish Jackson Hole remarks in the face of rising inflation risks sapped investors’ appetite for risk.
Iran launched attacks on American forces stationed in Jordan after U.S. forces targeted two Iranian launchers on Larak Island.
The escalation in tensions between Washington and Tehran sent Brent prices surging toward $90 a barrel, reviving inflation and interest-rate concerns.
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Asian Shares Mixed On Rising Middle East Tensons, Hawkish Fed Bets
2026-08-31 08:37:03
