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Asian shares mostly rise after Wall Street rallies on lower oil prices

Asian shares gained as oil retreated below $100 a barrel, easing inflation fears and lifting Wall Street on hopes of renewed U.S.-Iran talks.

  • On Wednesday, Asian stocks tracked Wall Street higher as hopes for U.S.-Iran peace talks pushed oil prices lower, even as President Donald Trump signaled willingness to deal despite the ongoing U.S. blockade of the Strait of Hormuz.
  • The U.S. imposed a naval blockade of the Strait of Hormuz after weekend negotiations in Islamabad failed, aiming to pressure Iran following the collapse of a two-week ceasefire announced April 7.
  • Benchmark oil prices fell below $100 a barrel as markets rallied; "They would like to make a deal very badly," Trump said, boosting investor confidence that diplomatic engagement will persist.
  • Washington and Tehran are discussing another round of talks before the April 7 ceasefire expires next week, with markets prioritizing potential de-escalation over immediate conflict concerns.
  • Focusing on the path to peace, analyst Tony Sycamore of IG noted the standoff will soon be resolved, as investors look past near-term oil volatility toward potential economic stimulation ahead.
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201 Articles

Lean Right

Lower oil prices help reduce costs for various types of businesses, but analysts warn that the war continues and that optimism may be unfounded.

·Brazil
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Associated Press NewsAssociated Press News
+57 Reposted by 57 other sources
Lean Left

Wall Street hits an all-time high after adding to its weekslong rally

U.S. stocks have hit a record following their big rally over the last two weeks. The S&P 500 rose 0.8% Wednesday and eclipsed its prior all-time high set in January.

·United States
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ReutersReuters
+7 Reposted by 7 other sources
Center

World shares gain for ninth straight day on hopes for US-Iran peace talks

World shares edged towards record highs on Wednesday ‌after President Donald Trump said talks with Iran could resume over the next two days, with hopes for an end to the Iran war capping oil prices at under $100 a barrel.

·United Kingdom
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La Presse broke the news in Montreal, Canada on Monday, April 13, 2026.
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