World Shares Are Mixed As Oil Prices Climb Higher

BANGKOK (AP) — European shares have fallen back after rebounds in Asia and on Wall Street. U.S. futures dropped and oil prices resumed their upward climb as Iran launched attacks and threatened the U.S. South Korea’s Kospi gained as much as 12% during Asian trading after its worst plunge ever the day before. Chinese Premier Li Qiang opened the annual session of the National People’s Congress with a report that set China’s annual target for economic growth this year at a slightly lower 4.5% to 5%. But that news was eclipsed by uncertainty over the war in the Middle East, which has been jolting financial markets, with most taking their cues from what the price of oil is doing.