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Asia Markets Surge Despite Iran Tensions

Photo by Markus Spiske / Unsplash

Asian stock markets rebounded on Tuesday, recovering losses triggered by the Iran war, with Taiwan leading gains. Taiwan’s Taiex index rose more than 2% to a record closing high, extending its rally for a sixth straight session.

Markets in Japan and South Korea also surged, with benchmarks nearing levels seen before the conflict began in late February. Singapore’s index crossed a key threshold, signaling broader regional recovery.

The rebound follows gains on Wall Street and improved investor sentiment amid signs that the United States and Iran may resume negotiations.

However, risks remain. Japan and South Korea, both heavily dependent on energy imports, continue to face pressure from elevated oil prices. The report noted that crude prices remain above $90 per barrel.

Tensions in the Middle East also persist, with the Trump administration’s blockade of Iranian ports adding uncertainty to global markets.

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IEA Warns Of Global Oil Demand Decline
Oil prices declined on Tuesday as the International Energy Agency warned that high prices and supply disruptions from the Iran war could weaken global demand. U.S. crude and Brent benchmarks both slipped, reflecting concerns that prolonged instability in the Middle East is beginning to curb consumption. The IEA said

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