Trading on Asian exchanges is currently trending upward as investors closely watch the fragile truce between the US and Iran, amidst a backdrop of rising oil prices.
Key indices in Japan, South Korea, China, and Hong Kong are reporting gains, while Australia’s ASX 200 has slipped by more than half a percent.
The upward trajectory of oil prices persists, fueled by apprehensions surrounding the ongoing restrictions in the Strait of Hormuz and the precarious state of the ceasefire.
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