Asian equities climbed Tuesday as an AI-led tech rally pushed markets higher, even as oil prices remained above $100 a barrel. The simultaneous gains in stocks and crude are unusual, given that Asian markets typically move inversely to oil when Middle East tensions rise. The region's heavy reliance on energy imports usually means higher oil prices hurt economic growth and corporate profits.

The Middle East conflict has kept supply tight, preventing the usual inverse relationship between stocks and crude. Investors appear to be prioritizing technology sector momentum over energy cost concerns. This divergence suggests markets are weighing AI-driven growth potential against persistent geopolitical risks.

While the tech rally provides a buffer, analysts note that sustained high oil prices could eventually dampen Asian market gains. The unusual correlation highlights how geopolitical events can temporarily override traditional market relationships. For now, technology optimism is offsetting energy worries, but the fragile balance could shift if Middle East tensions escalate further.