GLOBAL MARKETS-Oil Extends Fall, Stocks Steady as Traders Wait on Warsh

ASIAN MARKET - SINGAPORE. Sinking crude prices on news that Iranian fuel may soon hit global markets heralded inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of Kevin Warsh's debut meeting as Federal Reserve chair.

Brent crude futures have dived below $80 and are down more than one-third from peaks after reports the U.S. will waive sanctions on Iranian oil, under the deal to end the war.