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Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
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Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.
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President Trump is hailing is agreement with Iran as groundbreaking, even as he admits is "isn't even fully negotiated." But the nuclear stockpile, enrichment and missiles have not been discussed.
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;Resize=(620)) Three activists whose Gaza-bound aid flotilla was intercepted in international waters by Israeli forces have returned home to Vancouver, with one of them saying they went through four days of continuous beatings and torture.
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Japan's Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
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;Resize=(620)) The potential deal will include Iran's commitment that it won't pursue a nuclear weapon, and Tehran agreed to give up its stockpile of highly enriched uranium, according to two regional officials.
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Asia-Pacific markets rise amid growing hopes that the Middle East conflict could soon end following Trump's comments and as oil prices cool.
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