Asian stocks traded cautiously on Friday as investors awaited crucial U.S. jobs data that could shape expectations for the Federal Reserve’s next interest-rate decision. Meanwhile, renewed Middle East tensions pushed oil prices higher, adding another source of uncertainty for global markets. A stronger-than-expected jobs report could keep interest rates elevated for longer, potentially lifting Treasury yields and pressuring equities. Oil prices climbed as geopolitical risks intensified in the Middle East following attacks by Yemen’s Houthis on Saudi Arabia. Higher oil prices helped lift U.S. Treasury yields, while the dollar remained steady.