Asian shares slip as worries about rising oil prices offset boost from strong earnings

Asian shares were mostly lower on Tuesday as worries about rising oil prices and inflation offset the positive sentiment generated by robust corporate earnings reports. Specific markets saw mixed results, including Japan's Nikkei 225 sinking 2.5% and South Korea’s Kospi losing 1.6%. Oil prices rose after a brief respite, driven by concerns as the deadline for an agreement to end the war with Iran approaches.