{
  "id": 12535501,
  "title": "Asian shares weaker, oil up as investors weigh Saudi-Houthi escalation",
  "url": "https://urgent.news/2026/10/07/asian-shares-weaker-oil-up-as-investors-weigh-saudi-houthi-escalation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T02:55:28.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/07/asian-shares-weaker-oil-up-as-investors-weigh-saudi-houthi-escalation"
  },
  "original_language": "en",
  "account": "Asian markets experienced a slight decline on Wednesday, with the MSCI's broadest index of Asia-Pacific shares excluding Japan falling 0.3%, while US stocks reached new highs. The S&P 500 hit a record high, and the tech-heavy Nasdaq also reached an all-time high. The Dow Jones Industrial Average also saw a rise. Oil prices increased as investors considered the potential impact of a storm approaching the Gulf of Mexico and tensions between Saudi Arabia and Yemen's Iran-backed Houthis. US crude prices rose 1.05% to $90.38 a barrel, while Brent crude increased 1.06% to $101.65 per barrel. The surge in commodity prices was driven by supply concerns from the storm and the Houthi attacks on Saudi Arabia. Despite the global bond yield stabilization, French debt saw a pullback, leading to a decline in longer-term US yields. The euro made a slight recovery and stabilized around $1.1250, while the Japanese yen weakened slightly against the dollar. Gold prices also rose to $4165.53 per ounce.",
  "summary": "Commodity investors are also monitoring supply constraints from a storm heading towards North American oil-producing regions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Asia shares weaker, oil up; investors weigh Saudi-Houthi escalation",
        "url": "https://urgent.news/2026/10/07/asia-shares-weaker-oil-up-investors-weigh-saudi-houthi-escalation",
        "published": "2026-10-07T02:48:21.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Asia shares weaker, oil up; investors weigh Saudi-Houthi escalation",
        "url": "https://urgent.news/2026/10/07/asia-shares-weaker-oil-up-investors-weigh-saudi-houthi-escalation-12531226",
        "published": "2026-10-07T02:48:56.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian shares weaker, oil up as investors weigh Saudi-Houthi escalation",
        "url": "https://urgent.news/2026/10/07/asian-shares-weaker-oil-up-as-investors-weigh-saudi-houthi-escalation-12538273",
        "published": "2026-10-07T02:55:28.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asia shares weaker, oil up; investors weigh Saudi-Houthi escalation",
        "url": "https://urgent.news/2026/10/07/asia-shares-weaker-oil-up-investors-weigh-saudi-houthi-escalation-12541296",
        "published": "2026-10-07T03:53:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}