Asia shares fall amid Iran war and rising oil prices, focus turns to Chinese data.

1️⃣ Asian stocks decline

Most Asian markets fell as the Middle East war entered its third week, increasing global risk sentiment.

2️⃣ Oil prices stay above $100

Concerns about supply disruptions near the Strait of Hormuz kept oil prices elevated.

3️⃣ Geopolitical tensions escalate

Donald Trump threatened further strikes on Iran’s Kharg Island oil hub, signaling the conflict may continue.

4️⃣ Major Asian indices drop

• Nikkei 225 −1.2%
• TOPIX −1%
• KOSPI −0.5%
• S&P/ASX 200 −0.5%
• Shanghai Composite −1%
• CSI 300 −0.8%

5️⃣ China economic data stronger than expected

• Industrial output: +6.3% YoY
• Retail sales: +2.8% YoY

6️⃣ Markets watching the Fed

Investors are awaiting the Federal Reserve policy meeting (March 17–18) for clues on interest rates amid rising oil prices and inflation concerns.