Iran-US Talks Boost Markets, Oil Prices Dip Globally

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Global Markets – Web Desk: Positive signals from Iran–United States diplomatic talks have helped stabilize Asian financial markets and ease global oil prices, according to market data.

Brent crude oil traded at around $95.37 per barrel, while West Texas Intermediate (WTI) fell to approximately $97 per barrel amid easing geopolitical tensions.

In Pakistan, the stock market surged significantly, with the benchmark index of the Pakistan Stock Exchange rising by 1,993 points, closing at 167,457 points.

Across Asia, Japan’s Nikkei index climbed nearly 2 percent, South Korea’s Kospi gained 1.40 percent, and Hong Kong’s Hang Seng Index rose by 0.55 percent. India’s Sensex also recorded intraday gains of around 1.2 percent.

Analysts say investor confidence has improved on expectations that diplomatic engagement between Tehran and Washington could reduce regional uncertainty and stabilize energy markets.

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