Oil prices subsided moderately on Wednesday on renewed hopes for a peace deal.
Asian equities were mixed on Wednesday with gains driven by tech stocks and guarded optimism the United States and Iran will reach a peace deal.
Negotiations between Washington and Tehran to end the Middle East war have kept investors guessing with reports a deal was close undermined by fresh US strikes on Iran on Monday.
Tehran accused Washington of breaching their ceasefire, in place since April 8, and warned that it was ready to retaliate against US targets across the Gulf.
The strikes pushed up the price of Brent North Sea crude, the international benchmark, by almost 4.5 percent on Tuesday, reaching back above $100 a barrel.
