<div id="readability-page-1" class="page"><div> <div>Stocks in Asia slid on Tuesday while oil prices eased but remained well above $100 a barrel, as the U.S. and Iran continue to work towards a truce while at the same time trading blows over the Strait of Hormuz.Traders also had their eyes on the yen JPY= after the Japanese currency briefly jumped in the previous session, stoking speculation of another round of intervention from Tokyo.Markets in Japan, mainland China and Korea were closed for holiday.In Hong Kong, the Hang Seng scaled back 197.23 points, or 0.8%, 25,898.61. The U.S. and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the Strait of Hormuz with dueling maritime blockades, not long after U.S. President Donald Trump launched a new effort to get stranded tankers and other ships through the vital energy-trade chokepoint.Maersk said the Alliance Fairfax, a U.S.-flagged vehicle carrier operated by its Farrell Lines subsidiary, exited the Gulf via the Strait of Hormuz accompanied by U.S. military assets on Monday.Still, the renewed hostilities jolted markets and served as a stark reminder that the war in the Middle East was far from over.The yen was last steady at 157.22 per dollar, after Monday’s short-lived surge that saw the Japanese currency touch an intraday high of 155.69.Japanese Finance Minister Satsuki Katayama on Monday spoke out about against speculative trading in foreign exchange, leaving market participants on alert for further intervention after sources told Reuters Tokyo intervened to prop up its ailing currency on Thursday.In other currencies, the Australian dollar eased 0.06% to $0.7163 U.S. ahead of the Reserve Bank of Australia’s interest rate decision later in the day, where a hike is widely expected.Elsewhere, spot gold rose 0.2% to $4,529.19 an ounce, trading well within recent ranges.In other markets In Taiwan, the Taiex was higher 64.15 points, or 0.2%, to 40,769.29.In Singapore, the Straits Times 50 index slid 3.7 points, or 0.1%, to 4,920.61. In New Zealand, the NZX 50 lost 61.98 points, or 0.5%, to 13,035.70.In Australia, the AZX 200 sagged 16.65 points, or 0.2%, to 8,680.45.</div> </div></div>

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Stocks in Asia fell on Tuesday as oil prices remained above $100 a barrel amid ongoing tensions between the U.S. and Iran over the Strait of Hormuz. Markets in Japan, mainland China, and Korea were closed for holidays, while Hong Kong's Hang Seng index dropped 0.8%. The yen stabilized after a brief surge, with speculation of further intervention from Japan. The Australian dollar eased ahead of an expected interest rate hike, and gold prices rose slightly. Overall, renewed hostilities in the Gulf impacted market sentiment.

Baystreet

HSPC

SD-GOLD

Occidental Petroleum

ZHONGJIN GOLD

Newmont

BP p.l.c.

Sprott GLD Miners Etf

VanEck Oil Refiners ETF

SPDR Energy Select

VanEck Gold Miners ETF

GLOBAL X Gold Explorers

VanEck Junior Gold Miners ETF

Direxion Daily Jr Gold Miners Bear 2X

EFUND GOLD MI-R

YieldMax Gold Miners Opt Inc Strgy ETF

SPDR GOLD TRT-R

iShares MSCI Global Gold Miners

SPDR GOLD TRT

SPDR S&P Mtls & Mng

Pro Ultr Bloomberg Crude Oil

VG Energy

SPDR Gold Shares

EFUND GOLD MI-U

United States Oil Fund LP

iShares Gold Trust

Invesco Db Precious Metals ETF

VALUEGOLD ETF

VanEck Vectors Junior Gold Miners UCITS ETF

Us Brent Oil

Direxion Daily Gold Miners Bear 2X

Abrdn Gold ETF Trust

Us Gbl GLD & Met

SPDR O&G Ex & Prd

VanEck Oil Services ETF

iShares US Oil Equip & Svcs

SPDR O&G Equip

ISHRS S&P Glb Engy

iShares US Oil & Gas Expl & Prod

VanEck Vectors Gold Miners UCITS ETF

Direxion Daily Gold Miners Bull 2X

Abrdn Precious Metals Basket ETF Trust

EFUND GOLD MI ETF

Sprott JR Gold Miners ETF

Asia Slides with Oil Prices Climbing