Asian stocks ended mostly lower on Tuesday as a recent tech-led rally lost steam and oil prices extended their surge amid fresh doubts over the U.S.-Iran ceasefire.
After U.S. President Donald Trump rejected Iran’s latest peace proposal, Israel launched new air strikes targeting Tehran and expanded its military campaign to include attacks on Iran-backed Hezbollah militants in Lebanon.
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Asian Shares Mostly Lower As US-Iran Peace Talks Falter
2026-05-12 08:41:05
