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BUSINESSJul 1 · 02:27 UTCWDIV CLICKONDETROITYuri Kageyama, Associated Press

Asian shares trade mixed as worries over Iran-US deal remain

Asian shares traded mixed as uncertainty over an Iran-US deal and the Strait of Hormuz's recovery weighed on markets. Japan's Nikkei 225 rose 0.6%, while Australia's S&P/ASX 200 fell 0.4% and South Korea's Kospi dropped 1.8%. Oil prices drifted amid U.S. envoys' talks in Qatar, and U.S. stocks trimmed losses with the S&P 500 up 0.8% despite AI sector volatility.

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