Asian stock markets showed resilience on Wednesday, with major indices such as Japan's Nikkei 225 and South Korea's Kospi posting significant gains despite ongoing concerns over rising oil prices and inflationary pressures.The Nikkei surged 1.9% to 67,511.12 following reports of increased trade volumes and the weakening yen, which amplified import and export values.Australia's S&P/ASX 200 rose 0.4%, while South Korea's Kospi jumped 4.6%.The Hang Seng in Hong Kong dipped slightly, but the Shanghai Composite gained nearly 0.5%.Wall Street also saw a strong rally, with the S&P 500 climbing 0.9% and tech stocks like Micron Technology and Nvidia leading gains driven by artificial intelligence investments.However, rising oil prices, exacerbated by tensions between the U.S.and Iran, have raised inflation concerns, potentially influencing central bank decisions on interest rates.Analysts warned that higher energy costs could further strain economies and impact stock markets if inflationary pressures persist.