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    Asian markets rise as oil prices slide on progress in US–Iran peace talks

    Nikkei jumps over 3% while crude drops sharply amid optimism over Strait of Hormuz reopening

    By Associated Press2 min read
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    Trading was closed in South Korea and Hong Kong for holidays marking Buddha’s birthday. Trading will be closed in the U.S. on Monday for Memorial Day. File picture used for illustrative purpose only. AP

    Trading was closed in South Korea and Hong Kong for holidays marking Buddha’s birthday. Trading will be closed in the U.S. on Monday for Memorial Day. File picture used for illustrative purpose only. AP

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