Asian shares rallied on Friday after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation.
Iran, however, maintained a tough stance and pushed back against optimistic remarks from Trump.
Iranian officials insisted that no final decision has been made and that key differences remain unresolved.
Iranian Foreign Ministry spokesperson Esmaeil Baghaei dismissed reports regarding the timing and location of any potential agreement as premature, clarifying that Tehran will not compromise on what it describes as its “red lines.” It was said significant obstacles continue to stand in the way of a breakthrough.
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Market Analysis
Asian Shares Rally On Trump’s Iran Deal Comments
2026-06-12 08:43:07
