<h1>Asian markets mixed as oil prices surge amid regional conflict and supply concerns</h1> Asian shares traded mixed while crude oil prices gained as investors monitored potential US involvement in the conflict between regional powers. Oil prices rose due to supply disruption concerns, with one nation being a major producer controlling key shipping routes. Markets remained cautious ahead of potential US military decisions within two weeks, though diplomatic options remain under consideration. Japanese inflation exceeded expectations at 3.7 percent, while regional indices showed varied performance. Central banks maintained current interest rates citing geopolitical risks, and currency markets reflected ongoing uncertainty over trade policies and regional tensions.