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BUSINESSJun 1 · 04:35 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM, Associated Press

Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility

Japan's Nikkei 225 and South Korea's Kospi hit record highs driven by AI enthusiasm and pending Iran war ceasefire decisions. Oil prices rose over 2% as U.S.-Iran negotiations continued, with the Strait of Hormuz's reopening still unresolved.

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