Asian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report this week, which could impact the AI boom. G7 finance ministers are meeting to discuss the Strait of Hormuz and raw material supplies. High energy costs are driving inflation concerns globally.

Stocks fell on Friday amid deepened concern about inflation and as investors questioned the longevity of the artificial intelligence trade

RECAP: Emerging Asian markets fell yesterday as surging oil prices and limited progress in US-Iran peace negotiations heightened concerns over inflation and economic uncertainty.…