Asian benchmarks jump after oil prices sink in response to the Iran ceasefire

TOKYO (AP) — Asian shares surged in Wednesday morning trading, as oil prices plunged after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Japan’s benchmark Nikkei 225 gained 5.0% to 56,106.18 in early trading. Australia’s S&P/ASX 200 jumped 2.6...

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