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International Business Times
International Business Times
World

Asian Stocks Up As Trump Announces Iran-Israel Ceasefire

Oil prices eased after Donald Trump announced a ceasefire agreement between Iran and Israel (Credit: AFP)

Asian shares gained and oil prices were down Tuesday, as fears of an energy market shock eased following US President Donald Trump's announcement of a ceasefire between Iran and Israel.

Investors were relieved that Iran did not retaliate to a US attack on its nuclear facilities by throttling oil transport through the strategic Strait of Hormuz.

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