Asian stocks jump on renewed hopes of Iran war ending

Oil has fallen below $100 per barrel and Asian shares are sharply higher, after U.S. stocks soared to their best day in almost a year over renewed hopes that the Iran war could soon endA currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Ahn Young-joon)HONG KONG -- O ...