{"id":44306,"date":"2026-04-08T00:59:04","date_gmt":"2026-04-08T00:59:04","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=44306"},"modified":"2026-04-08T00:59:04","modified_gmt":"2026-04-08T00:59:04","slug":"kospi-nikkei-225-oil-hang-seng-index","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=44306","title":{"rendered":"Kospi, Nikkei 225, oil, Hang Seng Index"},"content":{"rendered":"


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Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles<\/p>\n

George Pachantouris | Moment | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Asia-Pacific markets rallied on Wednesday after U.S. President\u00a0Donald Trump<\/a>\u00a0said he had agreed to suspend\u00a0planned attacks on Iranian infrastructure<\/a>\u00a0for two weeks.<\/p>\n

The move was “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz,” he\u00a0wrote on Truth Social.<\/a><\/p>\n

Iranian Foreign Minister Abbas Araghchi in a post on X on behalf of the country’s Supreme National Security Council said Tehran’s armed forces will “cease their defensive operations.<\/a>“<\/p>\n

Trump noted the 2-week ceasefire was subject to Iran agreeing to a complete, immediate and safe opening of the Strait of Hormuz. Araghchi said that safe passage via Hormuz Strait will be possible via coordination with Iran’s armed forces for the next two weeks.<\/p>\n

U.S. crude oil prices plunged on the news. The\u00a0West Texas Intermediate<\/a>\u00a0contract for May delivery fell more than 16% to $94.23 per barrel by 7:15 p.m. ET.<\/p>\n<\/div>\n

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