"Iran doesn't have to make a deal," says US President Donald Trump.
Asian stocks rally after Trump says Iran war to end 'very soon'
Crude prices, however, jumped on lingering worries about the closure of the strategic Strait of Hormuz.
Asia barters for scarce energy as Iran crisis throttles supplies
Russia could prove to be an unlikely supplier for some Asian countries after the United States issued a temporary waiver of sanctions for its attack on Ukraine.
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As geopolitical conflicts rattle markets, it may feel safer to step aside. But reacting to short-term uncertainty may end up hurting returns, finance author Dawn Cher says.
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