Gulf stock markets rally on US-Iran peace deal expectations as oil prices drop sharply and Bitcoin climbs toward $83K, reflecting shifting geopolitical risk.

Asia-Pacific markets set to open higher as US-Iran peace deal talks progress. A 14-point MOU and $500M crypto asset freeze reshape the risk landscape.

Markets climbed on Friday as hopes of a breakthrough in US-Iran negotiations steadied investor nerves, but with Hormuz shipping still disrupted and oil above $100, uncertainty has…