India, Sept. 21 -- Asian stocks rose broadly on Monday as oil extended declines on hopes of a diplomatic path to de-escalate the U.S.-Iran war. Regional volumes were thin as Japanese markets remained closed for a three-day holiday weekend ending September 23.

The U.S. dollar index held steady in Asian trade while gold traded around half a percent lower at $4,351 an ounce due to expectations for additional Fed rate hikes.

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