Japanese and Korean Markets Surge on Expected US‑Iran Agreement

Oil prices fell as Trump announced that the Strait of Hormuz will reopen following the official signing

The stock markets leaped on the back of the U.S. and Iran reaching a deal on Sunday to permanently end military operations. (Photo by Shintaro Ino)

TOKYO – Stock markets in Japan and South Korea opened higher on Monday, buoyed by investors’ optimism over the impending peace agreement between Washington and Tehran that would conclude the months‑long conflict.

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