Stocks in Asia were poised to rise Friday after a peace deal between the US and Iran boosted optimism that the reopening of the Strait of Hormuz will ease inflation pressures by restoring oil flows.
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Summary:US weighing naval escorts and insurance mandates to unblock nearly 500 stranded tankers at Hormuz despite MOU signing; oil prices lower on supply return expectationsNew Zealand consumer confidence hit a two-year low of 80.4 in Q2; Q1 current account deficit narrowed sharply to NZ$1.008B...