Asian shares fluctuate as oil prices rise and interest rate fears grow

In Asia, stock markets showed mixed results as investors reacted to rising oil prices and interest rate uncertainties. Japan's Nikkei 225 index fell by 0.2%, while South Korea's Kospi gained 1.4%. U.S. markets also faced declines after a long weekend, with the S&P 500 dropping 0.6%. The rise in oil prices, influenced by Middle Eastern conflicts, has heightened inflation concerns, prompting close attention to upcoming economic reports.