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Asia shares are mostly lower and oil hovers near $100 a barrel over Iran war worries

Associated Press (AP)EN 4 min read 100% complete by By  CHAN HO-HIMMarch 13, 2026 at 08:23 AM
Asia shares are mostly lower and oil hovers near $100 a barrel over Iran war worries
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AI Summary

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On Friday, Asia shares mostly declined, mirroring losses on Wall Street, as oil prices remained near $100 a barrel. The market anxiety stems from concerns about the Iran war and its potential disruption to crude oil and gas supplies. In Tokyo, the Nikkei 225 index fell 1.3%, with technology stocks like SoftBank Group experiencing significant losses. Other indices also saw declines, including South Korea's Kospi (down 1.8%), Hong Kong's Hang Seng (down 0.8%), and the Shanghai Composite index (down 0.6%). Australia's S&P/ASX 200 edged slightly lower, while Taiwan's Taiex was also trading down.

Key Entities & Roles

Key Player Opposition Context
Australia 30% South Korea 40% SoftBank Group 40% Kospi 40% Hong Kong 40% Hang Seng 40% Shanghai Composite 40% Japan ×250% Tokyo ×250% Nikkei 225 ×260% Asia 70% Iran 80%

Keywords

asia shares 90% oil prices 80% iran war 70% stock market 60% crude oil 50% nikkei 225 40% kospi 40%

Sentiment Analysis

Negative
Score: -0.30

Source Transparency

Source
Associated Press (AP)
Classification Confidence
90%
Geographic Perspective
Iran

This article was automatically classified using rule-based analysis.

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asia sharesoil pricesiran warstock marketcrude oilnikkei 225kospi
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