Asian markets trade lower or mixed after a Wall Street sell-off, with investors weighing broad risk sentiment and upcoming developments. Across the region, stocks slip or fluctuate, reflecting caution rather than a clear consensus rally. Oil prices move in the opposite direction of equities: crude holds losses in one report while another says oil rises, but all coverage links the moves to uncertainty about progress on peace talks. The reports characterise the commodity reaction as driven by doubts over whether negotiations will reduce conflict risk, which can affect expected fuel demand and supply conditions. While the exact direction of crude varies by outlet wording, the common theme is that peace-talk expectations are a key driver of price action. Overall, the coverage points to a relatively cautious trading tone in Asia, influenced by overnight moves in the United States and by shifting market expectations surrounding peacemaking efforts.