Asia Markets: Hong Kong’s Hang Seng leads gains in Asia as Trump Iran decision awaited

Stock markets in Asia were mostly higher Tuesday, buoyed by continued gains in the U.S. Monday even as investors await President Donald Trump’s decision on whether to withdraw from the Iran nuclear deal.

Read:Trump says he’ll announce his Iran nuclear deal decision on Tuesday

“Risk sentiment is back up a little right now,” said Jingyi Pan, a market strategist at IG Group. “But I think these are just gyrations as people wait for the Trump announcement.”

Oil fell in late U.S. trading and continued to weaken as investors took profit ahead of Trump’s Iran announcement due Tuesday. Crude prices CLM8, -1.22% were down nearly 1% in recent trading after hitting a 3 ½-year high Monday.

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