Baosheng Group analyst Richard Tang said a US-Iran peace agreement would be positive for Asian equities because most Asian economies are net oil importers; reopening of the Strait of Hormuz would be a material tailwind. Tang said a potential oil-pric

2026-06-15

Baosheng Group analyst Richard Tang said a US-Iran peace agreement would be positive for Asian equities because most Asian economies are net oil importers; reopening of the Strait of Hormuz would be a material tailwind. Tang said a potential oil-price decline that reduces the likelihood of further rate hikes could boost AI names and the broader tech sector; tech-heavy markets such as Korea and Japan jumped sharply in early Monday trade. He added India could rebound as oil-price risks ease and other drivers improve.