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Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles
George Pachantouris | Moment | Getty Images
Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates' energy infrastructure has heightened fears of prolonged supply disruptions amid the Iran war.
The incidents followed a drone strike on the world's largest ultra-sour gas development, a fire at the UAE's Fujairah Oil Industry Zone, and damage to a tanker near the strategically vital Strait of Hormuz.
U.S. oil prices rose 0.06% to $96.27 as of 7:33 p.m. ET.
Australia's S&P/ASX 200 was flat in early trade.
Japan's Nikkei 225 was poised to rise, with the futures contract in Chicago at 54,190 and the Osaka contract at 54,230, compared with the index's previous close of 53,700.39.
Hong Kong Hang Seng index futures were set at 25,891, higher than the index's last close of 25,868.54.
