NHK



 

Japan's benchmark stock index rebounded sharply on Tuesday as concerns eased that the Middle East conflict could disrupt global oil supplies.

The Nikkei 225 gained 2.88 percent to close at 54,248. It rose 3.7 percent at one stage after G7 member nations indicated they are ready to release oil reserves if needed.

US President Donald Trump also said the Iran conflict will end soon.

The Nikkei index plunged 5.2 percent on Monday amid oil supply worries.

That was a fall of nearly 2,900 points, or its third-biggest drop on record.