(Bloomberg) -- Stocks in Asia were poised to rise Friday after a peace deal between the US and Iran boosted optimism that the reopening of the Strait of Hormuz will ease inflation pressures by restoring oil flows.

(Bloomberg) -- Asian stocks wavered as investors paused to assess the durability of the relief rally fueled by the US-Iran deal to reopen the Strait of Hormuz, while awaiting rate…

Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.