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The Independent UK
The Independent UK
National
Via AP news wire

Asia shares mostly lower as investors mull likely rate hike

United States United Arab Emirates
Copyright 2022 The Associated Press. All rights reserved

Asian shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.

Benchmark U.S. crude rose $1.53, or 1.8%, to $85.35 a barrel in electronic trading on the New York Mercantile Exchange. It gained $1.70 to $83.82 per barrel on Monday.

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