Asian shares decline as oil prices soar amid war in Iran, echoing last week’s Wall Street drop

The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years The drops in Asia follow the…

Key takeaways

Quick scan — what you need to know:

• The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years The drops in Asia follow the deep…
• The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest
• such streak in nearly four years The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth
• straight losing week, its longest such streak in nearly four years

Background

What led here, in plain terms:

• lines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest such streak in nearly four years The drops in Asia follow the deep…
• The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing week, its longest
• such streak in nearly four years The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth