economy
March 10, 2026
Asia markets rebound as oil plunges after Trump signals Iran war might end 'soon'
Asia-Pacific markets rebounded from Monday's rout after oil prices fell and Wall Street bounced back.
TL;DR
- South Korea's Kospi surged over 5% as Asian markets rebounded.
- Oil prices fell more than 10% following U.S. President Trump's remarks about the Iran conflict.
- Wall Street also bounced back, with major indexes closing higher after significant intraday losses.
- Travel-related stocks, including Air China and Singapore Airlines, showed gains.
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