Oil Falls Below $100 A Barrel & Asian Stocks Jump

HONG KONG (AP) — 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 end. A barrel of Brent crude oil fell more than 4% on Wednesday to around $99 a barrel. South Korea’s Kospi was up 8.4% and Tokyo’s Nikkei 225 rose 5.2%. The renewed optimism comes after U.S. President Donald Trump said the United States will be done attacking Iran probably within two to three weeks. Trump is expected to deliver an address on the Iran war Wednesday evening.