Asian shares are mostly declining, as worries continue about soaring oil prices and the potential for further escalation in the U.S. war with Iran. Benchmarks slipped in early Monday trading in Tokyo, Sydney, Seoul, Hong Kong and Shanghai.
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More states are looking at itElectric bikes can be fast and dangerous. Here's how to stay safeOne Tech Tip: Here's how AI can help you in your job huntThe future of fish is looking a lot like meatPope Leo XIV rejects claims that God justifies war in Palm Sunday Mass messageTras un mes de guerra con Irán, Trump no cumple algunos de sus objetivos y busca ponerle fin More states are looking at itElectric bikes can be fast and dangerous. Here's how to stay safeOne Tech Tip: Here's how AI can help you in your job huntThe future of fish is looking a lot like meatPope Leo XIV rejects claims that God justifies war in Palm Sunday Mass messageTras un mes de guerra con Irán, Trump no cumple algunos de sus objetivos y busca ponerle finDealers work near the screens showing the Korea Composite Stock Price Index , right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Dealers work near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A dealer walks near the screens showing the Korea Composite Stock Price Index , the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A person walks by an electronic stock board showing Japan’s Nikkei index in Tokyo Monday, March 30, 2026. Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. Dealers work near the screens showing the Korea Composite Stock Price Index , right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Dealers work near the screens showing the Korea Composite Stock Price Index , right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Dealers work near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. Dealers work near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A dealer walks near the screens showing the Korea Composite Stock Price Index , the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A dealer walks near the screens showing the Korea Composite Stock Price Index , the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations at a dealing room of Hana Bank in Seoul, South Korea, Monday, March 30, 2026. A person walks by an electronic stock board showing Japan’s Nikkei index in Tokyo Monday, March 30, 2026. A person walks by an electronic stock board showing Japan’s Nikkei index in Tokyo Monday, March 30, 2026. Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. Workers walk in an area at a degassing station in Zubair oil field, whose operations have being reduced due to the Mideast war triggered by the U.S. and Israeli attacks on Iran, near Basra, Iraq, Saturday, March 28, 2026. TOKYO — Asian shares mostly dipped in Monday morning trading as worries continued about soaring oil prices and the potential for further escalation inJapan’s benchmark Nikkei 225 slipped 4.5% in morning trading to 50,979.54. Australia’s S&P/ASX 200 lost 1.2% to 8,417.00. South Korea’s Kospi dove 3.2% to 5,264.32. Hong Kong’s Hang Seng lost 1.7% to 24,519.63, while the Shanghai Composite shed 0.7% to 3,884.57.In energy trading, benchmark U.S. crude jumped $2.28 to $101.92 a barrel. Brent crude, the international standard, soared $2.88 to $115.45 a barrel. Before the war, brent had been price at about $70 to a barrel. Investors are now bracing for the war to last for some time, which would likely set off inflation in global markets, and eventually may stunt Asia’s economic growth.“Although we do not expect the conflict to be protracted, we anticipate heightened volatility in the near term,” said Xavier Lee, senior equity analyst at Morningstar Research. Oil prices are again climbing after momentarily easing when President Donald Trump extended a self-imposed deadline to “obliterate” Iran’s power plants to April 6.began. The Dow Jones Industrial Average lost 793 points, or 1.7%, and fell more than 10% from its record set last month, while the Nasdaq composite sank 2.1%. The S&P 500 is 8.7% below its all-time high set in January. Big Tech stocks were among the heaviest weights on the market, including Amazon and Nvidia. All told, the S&P 500 fell 108.31 points to 6,368.85 last Friday. The Dow Jones Industrial Average dropped 793.47 to 45,166.64, and the Nasdaq composite sank 459.72 to 20,948.36. In the bond market, the yield for the 10-year Treasury rose as high as 4.48% before pulling back to end last week at 4.43%. That’s up from 4.42% late Thursday and from just 3.97% before the war began. In currency trading, the U.S. dollar inched down to 159.97 Japanese yen from 160.32 yen. The euro cost $1.1505, down from $1.1510.
Financial Markets Oil And Gas Industry Stocks And Bonds 2024-2025 Mideast Wars Strait Of Hormuz Energy Markets Asia General News International Finance Business Business Yuri Kageyama 2024-2026 Mideast Wars Xavier Lee NVIDIA Corp. Donald Trump Transportation And Shipping Iran Amazon.Com Inc. World News World News
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