Global Markets Rally as Trump Signals Progress in Iran Talks, Oil Prices Dip

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Global Markets Rally as Trump Signals Progress in Iran Talks, Oil Prices Dip

Asian markets saw gains on Monday as U.S. President Donald Trump indicated progress in talks to end the conflict with Iran. Japan's Nikkei 225 rose by 3.1% to 65,321.56, while Australia's S&P/ASX 200 increased by 0.4% to 8,692.70. The Shanghai Composite also saw a slight uptick of 0.4% to 4,127.53. Oil prices experienced a significant drop in response to the news.