Asia Markets Mixed as Oil Falls 0.72% on Trump Iran Report

Published on 3/31/2026

Asia Markets Mixed as Oil Falls 0.72% on Trump Iran Report

AI Summary

Asia-Pacific markets exhibited mixed trading patterns, with the West Texas Intermediate futures for May delivery decreasing by 0.72% to $102.14 per barrel, while Brent crude fell by 1% to $111.55 per barrel. The volatility followed reports that President Donald Trump expressed a willingness to seek an end to U.S. military hostilities in the Middle East. South Korea's Kospi decreased by 2.2%, and the Kosdaq lost 1.9%. The Korean won depreciated 0.67% to 1,537.4 against the U.S. dollar, nearing its weakest level since 2009.