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War & Conflict1h 40m ago

Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.

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HONG KONG

Who
U.S. President Donald Trump, ING commodities analysts Warren Patterson and Ewa Manthey, Stan Choe, Alex Veiga
What
Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
When
Fri, 12 Jun 2026 04:29:12 GMT · 1h 40m ago
Where
HONG KONG ·
Why
Renewed investor optimism came after Trump said Thursday he had called off military strikes against Iran and asserted that the U.S. had made “a great settlement of the war with Iran.”
The Frontline Impact

How this affects you

Global oil prices, despite a recent 1.7% dip, remain notably higher than pre-war levels, indicating sustained market tension, while Asian stock markets experienced significant gains, reflecting cautious optimism about a potential de-escalation of the Iran conflict and its broader economic implications.

Story chain

17 events in this thread
  1. War & Conflict29m ago
    US President Donald Trump announced that a deal to end the war with Iran could be signed as soon as this weekend, despite an Iranian official stating no final decision had been made.
    Open article
  2. War & Conflict29m ago
    US President Donald Trump stated on Thursday, June 11, 2026, that a deal with Iran to end the three-month-old war could be signed as soon as this weekend.
    Open article
  3. War & Conflict40m ago
    Hopes grew on Friday for peace between Iran and the United States after President Donald Trump said a deal could be signed as soon as this weekend, even as Tehran said it had not made a final decision on a pact.
    Open article
  4. War & Conflict52m ago
    US President Donald Trump stated on Thursday that a possible operation to seize Iran’s key Kharg Island would be “off the table” if an agreement to end the war is signed, potentially as early as this weekend.
    Open article
  5. War & Conflict1h 1m ago
    Hopes grew on Friday for peace between Iran and the United States after President Donald Trump said a deal could be signed as soon as this weekend, even as Tehran said it had not made a final decision on a pact.
    Open article
  6. War & Conflict1h 29m ago
    US President Donald Trump said he has cancelled planned military strikes on Iran for a third straight day, claiming that a deal with Tehran is close to being finalised.
    Open article
  7. Currently Reading1h 40m ago
    Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
  8. War & Conflict2h 4m ago
    President Donald Trump announced Thursday that the U.S. and Iran could finalize an agreement this weekend to end the three-month-old war that has rattled global oil markets.
    Open article
  9. War & Conflict3h 34m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe.
    Open article
  10. War & Conflict3h 34m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe, with Iran agreeing never to have a nuclear weapon.
    Open article
  11. War & Conflict4h 4m ago
    US President Trump announced a nearly complete deal to end the war with Iran, expected to be signed in Europe this weekend, after canceling planned military strikes.
    Open article
  12. War & Conflict4h 4m ago
    US President Trump announced a nearly complete deal to end the war with Iran, expected to be signed over the weekend in Europe.
    Open article
  13. War & Conflict4h 14m ago
    US President Donald Trump suggested that recent US military action had reshaped Iran's leadership structure, saying a new group of leaders had emerged in Tehran and was proving more willing to negotiate with Washington.
    Open article
  14. War & Conflict4h 39m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe.
    Open article
  15. War & Conflict5h 36m ago
    Gold held its biggest gain since March after President Donald Trump said the United States could sign a deal with Iran over the weekend to end the war.
    Open article
  16. War & Conflict5h 36m ago
    Gold held its biggest gain since March after President Donald Trump said the United States could sign a deal with Iran over the weekend to end the war.
    Open article
  17. War & Conflict5h 42m ago
    US President Donald Trump claimed on Thursday that the United States has “ended war with Iran” and that Tehran has “agreed to never have a nuclear weapon”.
    Open article

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