Oil prices edged up in early exchanges, a day after plunging more than five percent on optimism for a lasting agreement between the two countries after more than three months of conflict that rattled energy markets and revived inflation.

Japan’s Nikkei index soared 4.4 per cent, while Australia’s S&P/ASX 200 rose 1.3 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. Oil prices plummeted on the news, with…

Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions

Asian stocks saw a modest rise, following a rally on news of a peace deal between Iran and the U.S. Investors are now focused on central bank decisions, including an anticipated…