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Japanese Stocks Open Slightly Higher as US-Iran Talks Offer Oil Market Respite

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Japanese equities kicked off Tuesday's trading with modest gains, while market participants kept a close watch on diplomatic signals from US-Iran negotiations.

The Nikkei 225 added 50 points, or 0.07%, to 72,404.37 at the opening bell.

Washington's decision to grant Tehran a two-month reprieve on oil exports through a special license has provided some relief to global energy markets.

Brent crude rose slightly to above $78.

Across the Atlantic, British politics captured attention as Keir Starmer's planned exit cleared the path for Andy Burnham to potentially become the UK's seventh prime minister.

What else is happening in Asia?