Asian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed bond yields higher, while tipping the euro to 20-year lows.

Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.

World stocks mostly sank Monday and the dollar rallied on concern the Federal Reserve will stick to its interest rate-hiking plans to combat runaway inflation.

The U.N. chief and the presidents of Turkey and Ukraine discussed ways to end the war started by Russia and secure Europe's largest nuclear power station, which has come under shelling at the front lines.

Oil prices are set in dollars, so any rise in the currency makes barrels more expensive for importers using other currencies.

Russia strikes Kharkiv ahead of Erdogan, UN chief meeting with Zelensky

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures.

China reconnects nuclear reactor after shutdown due to damage

The European Union said Tuesday it was studying Iran's response to a "final" draft agreement on reviving a 2015 nuclear accord with major powers it presented at talks in Vienna.

A spike in wholesale energy prices has fed into retail charges for businesses and households.

US oil futures dropped nearly three percent to finish below $90 a barrel.

A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region's most vulnerable exposed to fuel poverty, consumer groups say.

Ukrainian forces reported heavy Russian shelling and attempts to advance on several towns in the eastern region of Donetsk that has become a key focus of the near six-month war, but said they had repelled many of the attacks.

U.N. chief Antonio Guterres on Thursday called for military activity around Ukraine's Zaporizhzhia nuclear power complex to end as Moscow and Kyiv blamed each other for a renewed shelling and the U.N.

Ukraine on Wednesday accused Russia of exploiting its position in a nuclear power plant it had seized to target a nearby town in a rocket attack that killed at least 13 people and left many others seriously wounded.

Ukraine said on Sunday that renewed Russian shelling had damaged three radiation sensors and hurt a worker at the Zaporizhzhia power plant, in the second hit in consecutive days on Europe's largest nuclear facility.

German Chancellor Olaf Scholz accused Russia of blocking the delivery of a turbine needed to keep gas flowing via the Nord Stream 1 pipeline to Europe.

Japan regulator OKs release of treated Fukushima water

Ukraine war must end to prevent nuclear 'abyss', Lukashenko tells AFP

Just as Europe is racing to store enough gas to see it through winter, its power system is being strained by sweltering summer temperatures, forcing air conditioners into action and drying up rivers needed to cool nuclear plants.

Japan's economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, a Reuters poll showed, as growing risks of a global economic slowdown and supply woes torment Japanese exporters.

U.S. President Joe Biden arrives in Israel on Wednesday to kick off a high-stakes trip to the Middle East dominated by efforts to persuade Gulf allies to pump more oil and bring Israel and Saudi Arabia closer together.

Iran said on Wednesday it sought a strong and lasting nuclear agreement with world powers following talks with U.S.

The EU's plan to label investments in gas and nuclear power plants as climate-friendly faces a final vote on Wednesday when European lawmakers decide whether to accept or reject proposals that have divided governments and investors.

Israeli Prime Minister Yair Lapid said on Tuesday that he will press French President Emmanuel Macron on the Iranian nuclear negotiations and urge a tougher Lebanese stance against Tehran-backed Hezbollah.

Israel PM visits France with Lebanon gas row topping agenda

Japan warns on 'interests' after Russia gas project decree

'Unimaginable': Austria prepares to reopen coal power station

EU top diplomat bids to 'reverse tensions' on surprise Iran visit

Germany raises gas alert level after Russia cuts supply