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Market wrap Score 85 Bullish

Asian Stocks Surge as Trump Delays Iran Military Strikes, Oil Rises

Mar 23, 2026 22:36 UTC
^AXJO, CL=F, XOM
Immediate term

Asian equities advanced amid relief over President Trump's decision to delay planned military strikes on Iran, easing geopolitical tensions. Oil prices also climbed as global risk appetite improved.

  • Trump delayed military strikes on Iran, reducing geopolitical risk.
  • Asian stocks rose on improved market sentiment.
  • Oil prices increased following the delay.
  • Energy and defense sectors saw positive market reactions.
  • Market movement driven by reduced risk of regional conflict.

Markets across Asia rallied Monday as President Trump postponed planned military strikes on Iran, removing a major source of geopolitical uncertainty. The delay sparked a broad-based rebound in regional equities, with investor sentiment shifting toward risk-taking. The move provided immediate relief to energy markets, where concerns over supply disruptions had previously fueled volatility. Crude oil prices saw a notable increase, reflecting renewed confidence in global energy supply chains. The defense sector also benefited from reduced escalation fears, though the full market impact remains contingent on future developments in U.S.-Iran relations.

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