Asian stocks extend gains, oil stabilises after crude release report

Cristiana Gigina

HONG KONG: Asian equities extended gains on Wednesday (Mar 11) while oil stabilised after a report said the International Energy Agency was considering the release of a record amount of its reserves to counter soaring prices. The crude market has been hit by wild volatility since the United States and Israel began striking Iran at the end of last month, with Tehran retaliating by attacking targets across the oil-rich Gulf and effectively shutting down the crucial Strait of Hormuz . Fears that

Asian Stocks Rise on Huge Oil Release Report | The Asia Trade 3/11/2026 Bloomberg Markets and Finance - 11.03.2026 05:55
Asian Stocks Rise on Huge Oil Release Report | The Asia Trade 3/11/2026 Bloomberg Markets and Finance - 11.03.2026 05:55

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Asian Stocks Rise on Huge Oil Release Report | The Asia Trade 3/11/2026 Bloomberg Markets and Finance - 11.03.2026 05:55
Asian Stocks Rise on Huge Oil Release Report | The Asia Trade 3/11/2026 Bloomberg Markets and Finance - 11.03.2026 05:55