▲ This photo taken Sept. 3, 2026, shows the dealing room of Hana Bank in Seoul during morning trading hours. (Yonhap)

SEOUL, Sept. 3 (Yonhap) -- Seoul shares closed higher Thursday, driven by easing oil prices after U.S. President Donald Trump played down the prospect of a prolonged conflict with Iran.

The Korean won rose against the U.S. dollar.

After opening 1.33 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) rose 16.76 points, or 0.26 percent, to end at 6,579.48.

The rebound came after the main index plunged 3.99 percent in the previous session amid concerns about tensions in the Middle East and the possibility of further U.S. Federal Reserve rate hikes.

Overnight, the Dow Jones Industrial Average rose 0.56 percent, while the tech-heavy Nasdaq Composite gained 0.45 percent.

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