India, Sept. 1 -- Asian stocks retreated on Tuesday as rising U.S.-Iran tensions pushed Brent prices above $91 a barrel and added to worries about inflation and interest rates.
Brent crude futures rose more than 1 percent toward $92 a barrel on concerns about further disruptions to energy supplies through the Strait of Hormuz.
An Iranian official dismissed as "laughable" AI-gen videos shared by U.S. President Donald Trump showing Iran's oil hub Kharg Island being "blown to smithereens" with no further details.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....