Asian shares advance and oil slips back despite a barrage of attacks by Iran

Market Overview - Asian shares advanced, with Japan's Nikkei 225 gaining 2.9% to 55,239.40 and South Korea's Kospi jumping 5% to 5,925.03, driven by lower oil prices and better-than-expected export data from Japan [3][4] - U.S. futures rose 0.6% ahead of the Federal Reserve's interest rate decision, with expectations that rates will remain on hold due to inflation concerns linked to higher oil prices [2] Oil Market Dynamics - Brent crude fell 2% to around $101 per barrel, down from above $106, while U.S. benchmark crude decreased by 3.6% to $92.78 per barrel, providing relief to oil-importing countries like Japan and South Korea [2][4] - Despite geopolitical tensions and attacks by Iran, markets have remained relatively stable, indicating resilience in the face of potential supply disruptions [3][5] Company-Specific Developments - Delta Air Lines shares rose 6.6% after the company raised its revenue forecast, anticipating strong demand that could mitigate rising jet fuel costs due to the ongoing conflict involving Iran [6] - Uber Technologies increased by 4.2% following the announcement of an expanded partnership with Nvidia to launch an autonomous vehicle fleet in the U.S., starting in San Francisco and Los Angeles next year [7]