Global Shares Mostly Fall as Investors Mull Likely Rate Hike

Global Shares Mostly Fall as Investors Mull Likely Rate Hike
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, on Jan. 18, 2022. Kin Cheung/AP Photo
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TOKYO—Global shares were mostly lower Tuesday following a national holiday in the U.S, while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates that killed at least three people.

Benchmark U.S. crude rose $1.44, or 1.7 percent, to $85.26 a barrel in electronic trading on the New York Mercantile Exchange. It gained $1.70 to $83.82 per barrel on Monday.