TORONTO - Canada's main stock index gained more than 300 points and oil prices fell in late-morning trading after the U.S. and Iran reached an initial agreement that would extend

Shares have soared in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.

(Bloomberg) -- Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz.

Asian shares climb with Japan’s Nikkei nearing record close