Middle East Peace Hopes Spark Nikkei Surge, Breaking 65,000 Points

Central News Agency, Tokyo, 25th: The Nikkei index in Tokyo hit a record high today, breaking through the 65,000-point mark for the first time. Markets are optimistic that the Strait of Hormuz will resume navigation, driving down oil prices and boosting market sentiment, which pushed Asian markets higher during the holiday-thinned trading session. US financial media CNBC reported that Trump posted on his social media "Truth Social": "Negotiations are proceeding in an orderly and constructive manner. I have told my representatives not to rush to reach an agreement; time is on our side." After Trump's remarks, oil prices fell by more than 5%, easing market pressure. Previously, the Trump administration had imposed a blockade on Iranian ports, and Tehran had nearly closed the Strait of Hormuz, one of the world's most important energy shipping lanes, causing oil prices to soar. WTI crude oil futures for July delivery fell 4.47% in Asian morning trading to $92.28 per barrel; Brent crude futures for July delivery fell 4.13% to $99.26 per barrel. The Nikkei 225 index rose more than 3% to 65,408.87 points, a record high; the Topix index rose 1.36%. Taiwan stocks surged more than 1,100 points in the morning, hitting a record high of 43,438 points. Electronics, semiconductors, and the OTC index all rose more than 2%. The Australian S&P/ASX 200 index rose 0.27%; the CSI 300 index rose 0.48%. Hong Kong and South Korea are closed for public holidays.