Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100

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Asian shares advanced and oil prices held above $100 a barrel on Thursday, driven by investor optimism that a U.S.-Iran deal could reopen the Strait of Hormuz to oil tankers. Major indices in Japan, Hong Kong, and Australia saw gains, while South Korea's Kospi experienced a slight dip. Hopes for the strait's reopening follow President Trump's comments suggesting it could be open if Iran accepts an agreement, potentially easing global economic pressure and inflation.