Asian stocks surge and oil falls after US-Iran deal confirmation
Asian equity markets rose sharply on Monday after Washington and Tehran confirmed a deal to end hostilities and reopen the Strait of Hormuz. The move came as investors reacted to the prospect of lower geopolitical risk to energy supplies and a possible easing of pressure on global inflation. Brent crude fell in response, while US stock futures also moved higher.Japan's Nikkei 225 benchmark index rose 5.5% in morning trading, while South Korea's Kospi climbed as much as 5.7%. Taiwan's Taiex gained as much as 2.7%, and Australia's ASX200 rose about 1.5%. In Hong Kong, the Hang Seng Index was up... [Continue Reading]
360LiveNews | 15 Jun 2026 04:00 LONDON
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