Asian Stocks Flat as Brent Nears $100 on Iran War Fears

Asian equities closed mixed in cautious trade as investors weighed rate path uncertainty against rising oil prices, with Brent hovering near $100 amid the Iran conflict. The lack of clear direction reflects competing risk factors: geopolitical supply concerns versus monetary policy expectations. The key uncertainty is whether oil's surge will persist and force central banks to tighten further, potentially dampening growth.