Oil prices fall as Trump says Strait of Hormuz will reopen after official signing

20260615Japan/KoreaStock

The stock markets leaped on the back of the U.S. and Iran reaching a deal on Sunday to permanently end military operations. (Photo by Shintaro Ino)

TOKYO — Stock markets in Japan and South Korea jumped on Monday morning as investors welcomed the pending peace deal between Washington and Tehran to end the monthslong war.