Asian stocks rise on Trump U-turn but unease sees oil bounce

HONG KONG, China – Asian stocks rose Tuesday after Donald Trump delayed strikes on Iranian energy sites and hailed “very good” talks with Tehran but oil prices edged back up as optimism over a possible de-escalation of the Middle East war remained shaky. Equity markets in New York jumped and crude plunged Monday after the US president made the surprise announcement that he would hold off fresh attacks on energy infrastructure for five days following negotiations with an unidentified “top person”. READ: oil-slides-stocks-rebound-on-trumps-iran-remarks The news ramped up hopes for an end to the conflict and the reopening of the Strait […]... Keep on reading: Asian stocks rise on Trump U-turn but unease sees oil bounce

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