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Global Shares Decline as Hopes Dim for Resolution in Iran After Trump's Latest Comments

Trump’s threat to target Iran’s power plants raised conflict fears, causing Asian shares to drop up to 5.1% and pushing oil prices near $100 per barrel, analysts said.

  • On Monday, March 23, 2026, Asian shares dipped in Tokyo morning trading after U.S. President Donald Trump's weekend comments dashed hopes for an early end to the war in Iran.
  • On Monday, March 23, 2026, Trump issued a 48-hour ultimatum threatening to 'obliterate' Iran's power plants if the Strait of Hormuz remained closed, and Iran vowed retaliatory strikes on U.S. and Israeli assets.
  • In morning trade, Japan's Nikkei 225 fell 3.3% to 51,638.85, South Korea's Kospi dove 5.1% to 5,485.50, and Taiwan's Taiex dropped 2.6% to 32,663.07.
  • With crude trading up, benchmark U.S. crude added $1.76 to $99.99 and Brent gained $1.15 to $113.34, analysts said, undercutting Fed rate-cut hopes.
  • Rising yields and weak stocks signalled broader investor caution as the 10-year Treasury yield jumped to 4.38% and the S&P 500 fell 1.5% on Friday, closing its fourth straight losing week.
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TOKYO (AP) — Asian stocks fell in morning trading, while oil prices continued to rise on Monday after the latest comments from U.S. President Donald Trump dashed hopes of…

·Pennsylvania, United States
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abc Newsabc News
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Global shares decline as hopes dim for resolution in Iran after Trump's latest comments

Global shares have slipped across the board, as oil prices continued to climb after President Donald Trump’s latest comments dashed hopes for an early end to the war in Iran

·United States
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abc News broke the news in United States on Monday, March 23, 2026.
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