Asian shares rise as Wall Street rallies and oil prices drop to $90

Asian shares rebounded following a rally on Wall Street, as investors speculated the conflict with Iran may be short-lived. Japan’s Nikkei 225 rose 3.2% after revised economic data indicated growth of 1.3% in the last quarter, up from an earlier estimate of 0.2%. While oil prices fluctuated, U.S. crude fell to around $90 per barrel. Concerns about high inflation and potential disruptions in the Strait of Hormuz continue to affect market volatility.

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