Asian Markets Rally as US-Iran Deal Hopes Buoy Investor Optimism

Asian markets leapt higher on Tuesday as hopes for a thaw in US-Iran tensions injected a shot of optimism into global investor sentiment. President Donald Trump confirmed that Iranian officials had reached out to discuss a potential agreement, fueling speculation of a resolution that could alleviate escalating geopolitical tensions. Japan’s Nikkei 225 surged by 2.5%, while South Korea’s KOSPI soared 3.7%. Markets in Singapore, Hong Kong, and Shanghai also posted modest gains, riding a wave of re