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Asian Shares Rally As Trump's Truce Sends Oil Prices Tumbling

Apr 08, 2026 08:38 UTC

(RTTNews) - Asian stocks skyrocketed on Wednesday after the U.S. and Iran have agreed to a conditional two-week ceasefire, during which shipping traffic will be allowed through the Strait of Hormuz..

  • April 08, 2026 — 04:38 am EDT Written byRTTNews
  • comforRTTNews-> (RTTNews) - Asian stocks skyrocketed on Wednesday after the U
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April 08, 2026 — 04:38 am EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Asian stocks skyrocketed on Wednesday after the U.S. and Iran agreed to a conditional two-week ceasefire, during which shipping traffic will be allowed through the Strait of Hormuz. Oil prices crashed below $100 a barrel as the last-minute ceasefire agreement helped ease fears of an immediate supply shock. Despite the truce, there were reports of missile and drone threats elsewhere in the region. Tehran said its 10-point plan for securing an end to the war with the United States would require "continued Iranian control

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