South Korea Financial Markets

A dealer stands near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Tuesday, April 21, 2026.

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Oil prices slip and Asian shares mostly gain as US-Iran talks still in doubt

Oil prices slip and Asian shares mostly gain as US-Iran talks still in doubt

Oil prices have slipped and Asian shares are mostly higher with the future of U.S.-Iran talks aimed at ending the war in doubt. The price for a barrel of Brent crude oil dipped below $95. On Monday, the S&P 500 slipped 0.2% from its all-time high and the Dow industrials edged less than 0.1% lower. The Nasdaq composite fell 0.3%. U.S. President Donald Trump said Vice President JD Vance would be going to Pakistan's capital Islamabad for talks. But after the U.S. Navy’s seizure of an Iranian-flagged cargo ship, the Iranian side made no commitment to more negotiations.