Asian stock markets fall and oil prices rise as concern grows that a fragile ceasefire involving Iran is being undermined by recent missile and drone attacks. Multiple reports describe attacks as straining the ceasefire and prompting U.S. retaliatory action, including strikes on Iranian military facilities. The developments contribute to investor caution across the region, with risk sentiment weakening and energy prices moving higher as markets price in potential escalation and further instability in oil supply routes and regional security. While details of the specific attack locations and the full extent of damage vary by account, both reports frame the response-and-reaction sequence—attacks followed by U.S. retaliation—as the key driver of market volatility. Overall, the story centers on the immediate market reaction in Asia—declining equities and rising crude prices—against the backdrop of uncertainty about whether the ceasefire can hold.