Asian stocks ended mostly higher on Tuesday as investors reacted to upbeat U.S. manufacturing data along with mixed messages regarding U.S.-Iran peace negotiations.

The U.S.-Iran conflict remained at a stalemate, with U.S. President insisting that negotiations with Iran are already underway and they have been given a “last chance” to reach an agreement.

Tehran denied holding direct talks with Washinton and emphasized that the ongoing talks are only between Iran and Oman to ensure safe navigation through the Strait of Hormuz, a vital global oil shipping route.

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Asian Shares Mostly Higher Despite Uncertainty Over US-Iran Talks

2026-08-04 08:39:03

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