{"id":548349,"date":"2026-03-27T11:31:07","date_gmt":"2026-03-27T11:31:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/548349\/"},"modified":"2026-03-27T11:31:07","modified_gmt":"2026-03-27T11:31:07","slug":"world-shares-mostly-lower-oil-gains-after-wall-streets-worst-day-of-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/548349\/","title":{"rendered":"World shares mostly lower, oil gains after Wall Street’s worst day of Iran war"},"content":{"rendered":"

HONG KONG (AP) \u2014 World shares mostly fell and oil gained again on Friday after Wall Street had its worst day since the start of the Iran war<\/a> over growing doubts about a de-escalation.<\/p>\n

In early European trading, Britain\u2019s FTSE 100 fell 0.3% to 9,939.96. France\u2019s CAC 40 dropped 0.7% to 7,718.97, and Germany\u2019s DAX lost 1.3% to 22,314.28.<\/p>\n

In Asia, Tokyo\u2019s Nikkei 225 closed 0.4% lower at 53,373.07. South Korea\u2019s Kospi also lost 0.4% to 5,438.87, narrowing the sharp drop earlier in the day at trading close.<\/p>\n

Hong Kong\u2019s Hang Seng was up 0.4% to 24,951.88 after dipping earlier in the day, while the Shanghai Composite index traded 0.6% higher at 3,913.72.<\/p>\n

Australia\u2019s S&P\/ASX 200 fell 0.1% to 8,516.30. <\/p>\n

Taiwan\u2019s Taiex was 0.7% lower, while India\u2019s Sensex lost 2.1%.<\/p>\n

On Thursday, Wall Street fell to its worst drop since the Iran war<\/a> began, with the S&P 500 sinking 1.7% for its worst day since January to 6,477.16. The Dow Jones Industrial Average fell 1% to 45,960.11. The Nasdaq composite slumped 2.4% to 21,408.08, and is off 10% below its recent all-time high in what is considered a \u201ccorrection.\u201d<\/p>\n

Expectations this week of de-escalation negotiations<\/a> between Washington and Tehran have sent markets into disarray.<\/p>\n

Shortly after Wall Street trading closed Thursday, U.S. President Donald Trump said he was postponing a threatened attack on Iran\u2019s energy facilities as he further delayed until April 6 a deadline for Iran to reopen the Strait of Hormuz<\/a>, a critical waterway for oil and gas transport.<\/p>\n

U.S. futures were mostly unchanged on Friday.<\/p>\n

Oil prices gained in early Friday trading. Brent crude futures, the international standard, was 1.6% higher at $103.51 per barrel. Benchmark U.S. crude rose 1.7% to $96.12 a barrel.<\/p>\n

\u201cOil prices steadied after U.S. President Donald Trump again pushed back the deadline for striking Iran\u2019s energy,\u201d wrote ING Bank analysts Ewa Manthey and Warren Patterson in a research note on Friday. \u201c(But) the scale of supply at risk remains significant.\u201d<\/p>\n

Doubts over a possible end to the war grew after Iran rejected a U.S. ceasefire proposal and issued a counterproposal<\/a>, while the U.S. was sending more troops to the region. The war, now in its fourth week, is likely to fuel global inflation and impact economic growth of many countries amid rising energy costs and trade disruptions.<\/p>\n

The Strait of Hormuz has been largely closed since the start of the Iran war, although Iran has said the strait is only closed to its enemies. It appears recently to have set up a \u201ctoll booth\u201d<\/a> for vessels transiting the strait, with Lloyd\u2019s List Intelligence reporting that some ships are paying for passage in China\u2019s yuan currency.<\/p>\n

In other dealings early Friday, gold and silver prices rose. Gold\u2019s price was up 1.2% to $4,430.20 per ounce. The price of silver was 1.7% higher to $69.08.<\/p>\n

The U.S. dollar rose slightly to 159.82 Japanese yen from 159.81 yen. The euro was trading at $1.1524, down from $1.1527.<\/p>\n","protected":false},"excerpt":{"rendered":"HONG KONG (AP) \u2014 World shares mostly fell and oil gained again on Friday after Wall Street had…\n","protected":false},"author":2,"featured_media":547070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[1927,28,12,69620,244352,7905,793,801,1570,228242,139727,11158,244351,965],"class_list":{"0":"post-548349","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ap-top-news","9":"tag-business","10":"tag-donald-trump","11":"tag-energy-markets","12":"tag-ewa-manthey","13":"tag-financial-markets","14":"tag-general-news","15":"tag-iran","16":"tag-iran-government","17":"tag-iran-war","18":"tag-oil-and-gas-industry","19":"tag-stocks-and-bonds","20":"tag-warren-patterson","21":"tag-world-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/548349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=548349"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/548349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/547070"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=548349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=548349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=548349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}