India, July 27 -- Asian stocks advanced on Monday as oil prices tumbled amid U.S.-Iran truce hopes, helping ease inflation and interest-rate concerns ahead of crucial Fed, BoE and BoJ central bank meetings due this week.
Iran stopped conducting counterattacks and said it had made progress in talks with Oman on management of the Strait of Hormuz after the U.S. paused an almost two-week run of strikes against Iran for a second night.
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