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The Siasat Daily

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Hopes for reopening Strait of Hormuz push Asian shares higher

Hong Kong: Asian shares jumped on Thursday, May 7, with Tokyos Nikkei 225 gaining 5.7 per cent to a record intraday high as investors waited to see if the US and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again. Japans benchmark Nikkei 225 index jumped 3,402 points to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

7 May 2026 11:22 am