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Asian Markets Rally as Middle East Ceasefire Sends Oil Prices Tumbling

Irene Wang, Daewoung Kim, Minwoo Park, Joyce Zhou/Reuters

9 April 2026 at 14:13:55


Asian markets surged and oil prices plunged as a Middle East ceasefire eased fears of supply disruptions. Investors welcomed hopes of resumed oil flows through the Strait of Hormuz, fueling a regional market rally.

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