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Asian Markets Surge Amid Oil Tensions | Tulsa News
Asian markets surged today, led by South Korea’s Kospi jumping 4%, driven by renewed demand for chipmakers like Samsung and SK Hynix, while Tokyo and Taiwan also rose—though Hong Kong and Australia dipped slightly. Middle East tensions keep oil prices climbing as fears linger over when supply will stabilize, pushing gas prices past $4 a gallon and squeezing household budgets. Wall Street watches closely for the upcoming inflation report, with economists expecting a slight cooling that could signal a Fed pause on rate hikes—potentially easing pressure on markets. Meanwhile, currency shifts…
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