Kospi surges as US-Iran talks cool oil panic across Asian markets

Asian markets opened the week on a calmer footing as fresh US-Iran diplomacy eased fears around the Strait of Hormuz and helped investors buy risk assets again. The relief is fragile, with oil and broader market sentiment still highly sensitive to geopolitical headlines and central-bank signals.

Analysis

Asian markets opened the week on a calmer footing as fresh US-Iran diplomacy eased fears around the Strait of Hormuz and helped investors buy risk assets again. The relief is fragile, with oil and broader market sentiment still highly sensitive to geopolitical headlines and central-bank signals.