Seoul trading floor as Asian stocks soar after US, Iran agree to ceasefire

South Korea's Hana Bank trading floor as Asian stocks soar after US President Donald Trump announced a two-week ceasefire with Iran, with talks during the interim period mediated by Pakistan.

Oil and natural gas prices dropped sharply Wednesday as investors breathed a sigh of relief after the ceasefire, which should see tanker traffic resume through the Strait of Hormuz. Stock markets in Europe opened broadly higher on the ceasefire, following strong gains seen in Asia, while the dollar -- a haven for investors during market turbulence -- fell back against the euro and pound.