“Tokyo's Nikkei index soared Thursday to lead another strong rally across Asia stocks, fuelled by growing optimism the Iran war is close to ending and the revival of demand for all things AI. Oil prices also held the week's steep losses due to hopes Washington and Tehran will conclude the conflict and reopen the Strait of Hormuz, which has been effectively closed since the start of March, choking off a fifth of the world's crude.
Original story
Continue reading at Al-Monitor
www.al-monitor.com
Summary generated from the RSS feed of Al-Monitor. All article rights belong to the original publisher. Click through to read the full piece on www.al-monitor.com.