Japan’s Nikkei 225 tops 65,000 for first time as oil falls on Hormuz reopening hopes
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
Tag: reopening
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Trump says Iran deal 'largely negotiated' including reopening Strait of Hormuz
Tehran also signals progress on talks but says the key issue of nuclear weapons is not part of an initial framework it is working on.
Asia-Pacific markets mostly rise in Easter trade on hopes for Hormuz reopening
Asia-Pacific markets traded mostly higher Friday, after Iran and Oman were reportedly drafting a protocol to “monitor transit” through the Strait of Hormuz, raising hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of…