This is an entry from: Live: Israel says it will control bridges and area south of Lebanon’s Litani River
Markets fall, oil surges after Trump threat on Iran
23 March 2026 00:42 GMT
Oil prices surged on Monday before easing in volatile trading after President Donald Trump’s threats against Iran.
US benchmark West Texas Intermediate rose 1.8 percent to above $100 per barrel, while Brent crude climbed to $113.44 before slipping to around $111 shortly after markets reopened.
Equity markets in Asia fell amid fears of a prolonged conflict. Japan’s Nikkei dropped 3.55 percent in early trading, while Hong Kong’s Hang Seng index fell 0.88 percent, reflecting investor concerns over rising geopolitical risks and energy costs.