Asian Markets Up Sharply As U.S.-Iran Peace Deal Lifts Sentiment

India, June 14 -- Stock markets across the Asia-Pacific region are up sharply on Monday with investors cheering the news about Iran and the U.S. signing a peace deal to end the crisis in the Middle East.

The preliminary framework includes halting the U.S. blockade of Iran and reopening of the Strait of Hormuz. The resultant sharp drop in oil prices has helped ease inflation concerns, adding to the upbeat sentiment in the markets.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....