Oil prices fall, Asian stocks soar after news that US & Iran had reached a tentative peace deal

Oil prices fell, and Asian stocks soared on Monday, following the news that the United States and Iran had reached a tentative peace deal to end their war and reopen the Strait of Hormuz. The two sides confirmed an announcement from the mediator, Pakistan. A signing ceremony is set to take place in Switzerland on Friday. Laura Westbrook reports from Hong Kong.

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