Asian Markets Experience Volatility Amid Rising Oil Prices

Asian stock markets are showing mixed results on Tuesday as oil prices climbed back to $107. Major indices, including the Sensex, Hang Seng, Nikkei, and Kospi, have faced downward pressure. The decline is further exacerbated by a slump in AI-related stocks, with companies like Micron, Seagate, and SK Hynix seeing losses. Analysts warn that if oil prices remain above $100, further weakness in both Asian and US markets is possible.