Asian shares decline as hopes dim for resolution in Iran

Asian shares dipped on Monday (March 23, 2026) , as oil prices continued to climb after U.S. President Donald Trump’s latest comments dashed hopes for an early end to the war in Iran.

South Korea’s Kospi dove 6.5% to 5,404.77. Hong Kong’s Hang Seng slipped 4.0% to 24,279.23, while the Shanghai Composite declined 3.7% to 3,811.62.