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Stocks rally in Asia as Iran cites progress in talks

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Jun 22, 2026 · 04:02

Asian share markets swung higher ​on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process ‌was breaking down.

Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded and progress was made on a roadmap to reach a final deal in 60 days.

The news saw Brent crude futures ⁠shed early gains to ease 0.4% to $80.17 a barrel, far away from its May peak of $126.41. U.S. crude remained 1.2% firmer at $77.52 a barrel.