Trump says the Iran war is already won, but more U.S. forces are heading to the Mideast as Tehran asks U.S. officials if they're 'negotiating with yourselves?'
Despite Iran 's denials of any meaningful negotiations being underway and its mocking of President Trump's claims of progress toward a detente in the war, energy and stock markets seemed to take heart in his claims, with oil prices dropping and stocks showing gains.
Oil prices fell more than 5% and world shares gained on hopes of a de-escalation in the war, despite fighting continuing and the Strait of Hormuz remaining effectively blocked on the 26th day of the war. In early European trading, Britain's FTSE 100 rose 1% to 10,072.60. France's CAC 40 was up 1.4% to 7,855.31, while Germany's DAX was 1.6% higher at 22,989.80.Tokyo's Nikkei 225 was up 2.9% to 53,749.62. South Korea's Kospi gained 1.6% to 5,642.21. Hong Kong's Hang Seng rose 1.1% to 25,335.95, while the Shanghai Composite index was 1.3% higher at 3,931.84.Oil prices fell again, meanwhile. Brent crude, the international standard, fell 5.2% to $94.97 per barrel after hovering around $104 on Tuesday. Benchmark U.S. crude was down 5.3% early Wednesday to $87.44 a barrel.CBS/AP
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