Asian stocks trade mixed as Brent rises to $78.03 on 60-day Iran sanctions reprieve

The United States granted Iran a 60-day sanctions reprieve to restart crude exports, lifting Brent crude to $78.03 a barrel. However, Washington and Tehran offered conflicting accounts of the nuclear talks, leaving geopolitical risks largely unresolved. Asian equities were mixed—Japan’s Nikkei 225 fell 0.6% while Taiwan’s benchmark gained 0.9% to a record high—and U.S. tech weakness pushed the Nasdaq down 1.32% as the Dow rose 0.29%.