Asian stocks rally as oil falls on hopes for Middle East peace deal
Markets climbed and crude prices fell Tuesday on hopes for a deal to end the Middle East war and reopen the Strait of Hormuz, with Donald Trump saying Tehran had called to seek an agreement even as a U.S. naval blockade remained in place.
Asian stock markets rose Tuesday while crude oil prices slipped amid hopes a diplomatic deal could end the Middle East war and reopen the Strait of Hormuz. Donald Trump said Tehran had called to seek an agreement, even as a U.S. naval blockade was in effect.