Asian markets jump and oil prices decline as Iran ceasefire agreement reached
TOKYO (AP) — Asian shares surged in Wednesday trading, as oil prices plunged after the U. S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Japan’s benchmark Nikkei 225 gained 5. 5% to 56,360. 20 in afternoon trading. Australia’s S&P/ASX 200 jumped 2. 6% to 8,951. 80. South Korea’s Kospi soared 7. 1% to 5,884. 55. Hong Kong’s Hang Seng surged 3. 1% to 25,901. 61, while the Shanghai Composite added 2. 5% to 3,988. 38. Benchmark U. S. crude...
Read MoreWed, 08 Apr 2026
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