00:07you're watching snn 24 news i'm your host tonight's top story global markets rally as hopes grow for
00:15an end to the iran conflict oil prices have dropped below the 100 per barrel mark bringing
00:20relief to global markets after weeks of volatility at the same time stock markets across asia surged
00:26sharply japan's nikkei 225 jumped more than five percent while south korea's cost fees soared over
00:32eight percent markets in hong kong china australia taiwan and india also recorded strong gains
00:38analysts say the rally is being driven by growing optimism that the middle east conflict could soon
00:43de-escalate easing pressure on global energy supplies however political tensions remain
00:48donald trump has stirred fresh controversy by saying he's considering pulling the united states
00:53out of nato trump criticized nato allies for not supporting the u.s during the iran conflict
00:58arguing that the alliance has failed to act collectively countries like spain and germany
01:03have reportedly declined direct involvement further straining relations while markets are
01:07reacting positively to hopes of peace uncertainty remains over the future of global alliances
01:12and the direction of the conflict stay tuned to snn 24 news for the latest updates
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