Asian stocks edged higher Wednesday as oil prices extended a decline on receding concerns about another military flare-up between the United States and Iran, while traders were also nervously awaiting Nvidia's earnings and key US inflation data.

Asian stocks fluctuated Tuesday while oil edged up as investors assess a US plan for the "economic asphyxiation" of Iran, while tech firms struggled following another down day on…

Asian shares are mostly higher after U.S. stocks drifted to a mixed finish ahead of potentially market-moving events later in the week.