Asian stocks were down on Tuesday as uncertainty surrounded politics in the Middle East.
Asian stocks fell and crude prices diverged on Tuesday after fresh US strikes on Iran deflated optimism that a deal to reopen the Strait of Hormuz was imminent.
The United States and Iran have been trying to reach a deal to end the Middle East war and reopen the crucial waterway since a fragile ceasefire on April 8.
Stocks had rallied on Monday, and crude futures contracts dropped below $100 a barrel after reports that a deal was on the cusp of being struck.
But these hopes were dashed on Monday when US forces said they attacked missile sites in southern Iran and boats trying to lay mines.
