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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares decline as oil prices soar amid the war in Iran, echoing last week's Wall Street drop

South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

Asian shares mostly dipped in Monday morning trading as worries continued about soaring oil prices and the potential for further escalation in the U.S. war with Iran.

The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years.

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