Oil falls more than 5% and Asian shares gain over Trump’s talk of negotiations with Iran

HONG KONG (AP) — Oil prices fell more than 5% and Asian shares gained on Wednesday over possibilities 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 AP is committed to delivering independent news coverage from all corners of the globe.