Asian stocks today: Markets retreat after record-high due to oil surge, Iran tensions weigh

Asian markets faltered after touching record highs, weighed down by surging oil prices and lingering US-Iran peace talk uncertainties. Japan’s Nikkei briefly crossed 60,000 before retreating. Escalating Middle East tensions, including shipping disruptions, fueled oil price spikes, impacting investor sentiment across the region. Despite a Wall Street rally, regional markets succumbed to geopolitical anxieties.