Oil prices fell more than 5%, and Asian shares gained on Wednesday (March 25) over the prospect of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo’s Nikkei 225 was up 2.8% to 53,721.30 in early trading. South Korea’s Kospi gained 3.1% to 5,728.22. Hong Kong’s Hang Seng rose 1.2% to 25,374.95, while the Shanghai Composite index was 0.9% higher at 3,914.09. The administration of U.S. President Donald Trump is said to have offered a 15-point ceasefire plan to Iran. Mr. Trump’s claims of progress being made from talks with Iran this week and his postponement on Monday of a deadline to “obliterate” Iran’s power plants over the reopening of the Strait of Hormuz have also fuelled optimism that an end to the Iran war could come soon. – AP Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Panic over fuel supply chokes Hyderabad roads on March 25, traffic grinds to a crawl during morning rush hour Watch: Trump should end the war and ask Israel to leave Iran alone | The Hindu Editorial