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Nikkei 225 surpasses 70,000 as US-Iran deal boosts oil supply hopes

1h ago· 1 min readenNews

Summary

The article reports that Japan's Nikkei 225 stock index has broken the 70,000 mark, driven by market optimism over a preliminary agreement between the U.S. and Iran to reopen the Strait of Hormuz, which would help stabilize oil supplies and reduce geopolitical tensions.

Key quotes

· 1 pulled
Nikkei 225 breaks 70,000 on hopes for peace and a stable supply of oil
Snippet from the RSS feed
The U.S. and Iran have reached a preliminary agreement that includes reopening the Strait of Hormuz.

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