Asian stocks fell on Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran war.
With inflation remaining stubbornly high - largely on the back of elevated energy costs - the US central bank has come under pressure to act, and Warsh's refusal to provide guidance has stoked uncertainty.
