"We've been called by the other side, and they would like to make a deal very badly, Trump said in remarks at the White House."
"Japan's benchmark Nikkei 225 rose as much as 2.5 percent on Tuesday, while South Korea's KOSPI gained about 3.7 percent."
"Brent crude, the benchmark for global oil prices, dipped nearly 1.5 percent, falling below $98 a barrel."
"The US military later clarified that the blockade would only apply to vessels entering and exiting Iranian ports, in an apparent scaling back of Trump's threat."
Global markets experienced a surge following President Trump's statement that Iranian officials expressed a strong desire to negotiate a deal. Major Asian stock markets, including Japan's Nikkei 225 and South Korea's KOSPI, saw significant gains. Oil prices also fell, with Brent crude dipping below $98 a barrel. This positive market response occurred despite the US imposing a naval blockade on Iranian ports, which analysts warn could worsen the global energy crisis. The situation remains tense as Iran has restricted shipping through the Strait of Hormuz since the conflict began.
Read at www.aljazeera.com
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