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Asian markets surge as Trump’s 'double-sided ceasefire' reopens Strait of Hormuz

Apr 08, 2026 05:54 UTC

Asian markets surge as Trump’s 'double-sided ceasefire' reopens Strait of Hormuz.

  • Asian equity markets surged on Wednesday after the US, Iran, and Israel agreed to a two-week ceasefire for negotiations
  • President Trump delayed planned strikes on Iran, calling it a “double-sided ceasefire"
  • Iran will reopen the Strait of Hormuz for two weeks, with transit

Asian equity markets surged on Wednesday after the US, Iran, and Israel agreed to a two-week ceasefire for negotiations.President Trump delayed planned strikes on Iran, calling it a “double-sided ceasefire". Iran will reopen the Strait of Hormuz for two weeks, with transit

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