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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares surge, echoing a rally on Wall Street as oil prices sank back to about $90

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

Asian shares have rebounded from their sharp declines a day before after a rally on Wall Street as global investors wagered that the war with Iran may not last too long.

But the gains early Tuesday fell far short of losses Monday, when oil prices neared $120 per barrel before falling back to about $90. U.S. futures were trading about 0.4% lower.

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