Oil rose more than 6% and Asian stocks fell after US President Donald Trump said in his first national address since the Iran war began that the US will continue to hit Iran very hard.
Brent crude, the international standard, jumped 6.9% to $108.15 per barrel. Benchmark U.S. crude rose 6.4% to $106.55 a barrel.
Tokyo’s Nikkei 225 was down 2.4% to 52,463.27 on Thursday. South Korea’s Kospi lost 4.5% to 5,234.05, also after government data showed consumer prices in March rose 2.2% from a year earlier on soaring fuel costs. (AP)
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