strikeMay 5, 2026

Asian shares slip and oil pares gains on Iran war uncertainties

Summary

HONG KONG (AP) — Asian stocks declined Tuesday, tracking losses on Wall Street after U.S. stocks retreated from record highs. Oil prices fell back after rising earlier on escalating tensions in the war between the U.S. and Iran. U.S. futures edged 0.1% higher.

Source: CHAN HO-HIM, AP Business Writer — Read the full report

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Sources

CHAN HO-HIM, AP Business WriterBy CHAN HO-HIM, AP Business Writer
HONG KONG (AP) — Asian stocks declined Tuesday, tracking losses on Wall Street after U.S. stocks retreated from record highs. Oil prices fell back after rising earlier on escalating tensions in the war between the U.S. and Iran. U.S. futures edged 0.1% hig…

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