Asian Stocks Fall on Fed, Middle East Concerns - WSJ

1. Asian stocks declined due to U.S. inflation and Middle East tensions. 2. Fed's Powell expressed uncertainty in economic forecasting despite confidence. 3. Geopolitical risks overshadow Fed decisions, particularly regarding Iran-Israel conflict. 4. Crude oil prices rising nearly 20% in June amid geopolitical fears. 5. Goldman Sachs notes increased oil shipping rates due to Middle Eastern risks.