Shares mixed and oil trades below $80 on optimism over interim U.S.-Iran war deal

Shares were mixed and oil traded below $80 as markets awaited details on the interim U.S.-Iran war deal. U.S. futures edged higher ahead of the Federal Reserve policy decision, while major indexes paused after a recent run to records. Tokyo’s Nikkei 225 rose 497.75 points to 69,902.25, aided by a 17% year-on-year May export gain; Korea’s Kospi fell 0.2% as AI-related tech slid, with Samsung Electronics down 1.9%. Hong Kong’s Hang Seng slipped 0.8% and the Shanghai Composite eased 0.1%, while Australia’s S&P/ASX 200 rose 0.5%. Brent was at $78.76 and U.S. crude at $75.78 as energy markets fluctuated.