Asia Markets Fall, ASX 200 Down 0.6%

Asian equities fell, led by a 0.8% drop in Hong Kong’s Hang Seng and a 0.6% decline in Australia’s ASX 200.
Rising Iran‑Hormuz tensions and higher oil prices spurred global risk aversion, pulling Wall Street lower and flattening S&P 500 futures.
The Reserve Bank of Australia is expected to raise rates by 25 basis points, its third hike this year, pressuring equities.
Westpac Banking fell 1.8% on a miss in first‑half profit, while Regis Resources slid 4.9% after announcing a takeover of Vault Minerals.