Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia

Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climb

Stock markets have rebounded in Asia after days of heavy losses driven by the war in the Middle East, but oil and gas prices have continued to climb amid disruption to supplies.

South Korea’s KOSPI, which posted its biggest ever fall on Tuesday of 12%, rose by almost 10% on Thursday, while Japan’s Nikkei climbed by 1.9%. MSCI’s Asia-Pacific index excluding Japan jumped by 2.7%.

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Why This Matters

The ongoing Middle East crisis is having a ripple effect on the global economy, with oil prices continuing to rise and gas prices starting to climb. This development has significant implications for consumers and businesses alike, particularly in regions reliant on imported energy. As the situation unfolds, it's essential to monitor the impact on markets and economies.

In Week 10 2026, International accounted for 153 related article(s), with UK Politics setting the broader headline context. Coverage of International increased by 34 article(s) versus the prior week, signaling growing editorial attention.

Coverage Snapshot

Week 10 2026 included 153 International article(s). Leading outlets for this topic included BBC, Fox News, NY Times. Across that cluster, sentiment showed a mostly neutral skew (avg score 0.03).

Key Insights

Primary keywords: middle, east, live, crisis, asia.
Topic focus: International coverage with neutral sentiment.
Source context: reported by Guardian Business.
Published: 2026-03-05.
Published by Guardian Business, a widely cited major outlet.
Date context: published during Week 10 2026, when UK Politics dominated weekly headlines.

Tone & Sentiment

The article tone is classified as neutral, driven by the language and emphasis in the summary. The sentiment score of 0.02 indicates the strength of that tone.

Context

The recent attack on a US-registered tanker in the Gulf has led to a 3% increase in crude oil prices, reaching $84 a barrel. This trend is part of a broader narrative of escalating tensions in the Middle East, which has been extensively covered by major news outlets. The Guardian, in particular, has provided in-depth coverage of the crisis, including live updates and analysis. As the situation continues to unfold, it will be interesting to see how other news outlets and experts respond to the developing story.

Related Topics

International

Key Takeaway

In short, this article underscores key movement in International and explains why it matters now.

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Guardian Business Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia