Asian stocks were poised to open lower on Thursday, continuing a volatile week of trading after a coordinated release of oil reserves by wealthy nations failed to dampen prices. The move, intended to ease supply concerns, instead saw oil prices climb as geopolitical tensions kept markets on edge.

Treasury yields rose as investors priced in persistent inflation risks, signaling that central banks may need to maintain hawkish policies longer than expected. The coordinated reserve release included major economies but did little to offset supply fears driven by ongoing conflicts and production cuts.

Market volatility reflects deepening concerns about global growth as energy costs remain elevated. With inflation pressures showing no signs of abating, investors are bracing for further central bank interventions that could impact risk assets across Asia and beyond.