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The Wall Street Journal

Asian Stocks Rise, Oil Eases on Hopes for Iran Conflict Resolution

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Asian Stocks Rise, Oil Eases on Hopes for Iran Conflict Resolution
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Asian stocks climbed and oil prices eased as investors leaned into optimism about the possibility of resolving the Iran dispute. The move followed U.S. President Donald Trump’s comments regarding the Iran conflict, which helped lift risk sentiment across regional markets. As a result, oil fell and equities in Asia rose during Tuesday’s session, with traders appearing willing to look past market turbulence from the prior week. The report ties the shift directly to expectations that diplomacy could reduce the likelihood of renewed hostilities, at least in the near term.

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