{"id":129604,"date":"2026-05-25T04:12:17","date_gmt":"2026-05-25T04:12:17","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/129604\/"},"modified":"2026-05-25T04:12:17","modified_gmt":"2026-05-25T04:12:17","slug":"asian-shares-gain-and-oil-prices-slip-as-trump-remarks-on-iran-war-talks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/129604\/","title":{"rendered":"Asian shares gain and oil prices slip as Trump remarks on Iran war talks"},"content":{"rendered":"

TOKYO (AP) \u2014 Asian shares mostly rose Monday and oil prices plunged after U.S. President Donald Trump said talks on ending the war<\/a> with Iran are progressing. <\/p>\n

Japan\u2019s benchmark Nikkei 225 surged 3.1% in morning trading to 65,321.56. Australia\u2019s S&P\/ASX 200 added 0.4% to 8,692.70. The Shanghai Composite edged up 0.4% to 4,127.53. <\/p>\n

Trading was closed in South Korea and Hong Kong for holidays marking Buddha\u2019s birthday. Trading will be closed in the U.S. on Monday for Memorial Day. <\/p>\n

Trump said negotiations with Iran were \u201cproceeding in an orderly and constructive manner.\u201d Meanwhile, regional officials told The Associated Press on Sunday that the United States is close to reaching a deal<\/a> with Iran that would end the war<\/a>, reopen the Strait of Hormuz<\/a> and see Iran give up its stockpile of highly enriched uranium<\/a>, <\/p>\n

Reopening the Strait of Hormuz will help decide the direction of oil prices. The closure has prevented oil tankers from exiting the Persian Gulf and delivering crude to customers worldwide. Japan, for instance, imports almost all its oil, most of it through the strait. <\/p>\n

\u201cMarkets are rapidly transitioning from pricing geopolitical fear toward pricing a potential peace dividend as Hormuz reopening expectations pressure oil and the dollar lower,\u201d analyst Stephen Innes said in a commentary.<\/p>\n

Early Monday, benchmark U.S. crude was down $4.35 at $92.25 a barrel. Brent crude, the international standard, sank $4.16 to $99.38 a barrel. <\/p>\n

In currency trading, the U.S. dollar declined to 158.80 Japanese yen from 159.16 yen. The euro cost $1.1641, up from $1.1605. <\/p>\n

Friday On Wall Street, stocks finished their eighth straight winning week, the best such streak since 2023<\/a>. That\u2019s even though a survey showed U.S. consumers are feeling even worse about the economy<\/a>. <\/p>\n

The S&P 500 added 0.4% and pulled closer to its all-time high <\/a> set in the middle of last week. The Dow Jones Industrial Average rose 0.6%, and the Nasdaq composite gained 0.2%.<\/p>\n

Recent earnings reports from U.S. companies that topped analysts\u2019 expectations also helped markets. But worries about inflation<\/a> have pushed bond yields higher worldwide<\/a>. <\/p>\n

The yield on the 10-year Treasury edged down to 4.56% Friday from 4.57% late Thursday, but it remains well above its 3.97% level from before the war. <\/p>\n

___<\/p>\n

AP Business Writer Stan Choe contributed to this report. <\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO (AP) \u2014 Asian shares mostly rose Monday and oil prices plunged after U.S. President Donald Trump said…\n","protected":false},"author":2,"featured_media":129605,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[328,38,2276,149,197,34,61,196,2222,10707,101,771,82],"class_list":["post-129604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-business","tag-donald-trump","tag-energy-markets","tag-financial-markets","tag-general-news","tag-iran","tag-iran-government","tag-iran-war","tag-oil-and-gas-industry","tag-stephen-innes","tag-strait-of-hormuz","tag-washington-news","tag-world-news"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116633268554407789","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/129604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=129604"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/129604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/129605"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=129604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=129604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=129604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}