00:00It's Benzinga bringing Wall Street to Main Street.
00:02Asian shares fell Monday as oil prices surged and concerns grew over escalation in the U.S.
00:08war with Iran, while European markets and U.S. futures moved higher in early trading,
00:13according to AP. Japan's Nikkei dropped 2.8 percent and South Korea's Kospi fell 3 percent,
00:19while China's Shanghai Composite rose 0.2 percent. Oil prices jumped, with U.S. crude at $101.59
00:28and Brent at $115.98, up from about $70 before the war. Investors expect prolonged conflict to drive
00:37inflation and slow Asia's growth. Trump extended a deadline on Iran's strikes to April 6th,
00:43easing prices briefly. The yen weakened, and Japanese officials warned of rising speculation
00:49in currency markets. For all things money, visit Benzinga.com.
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