[MARKET UPDATE] Asia-Pac stocks begin higher following the positive lead from Wall St, where stocks rallied and oil dropped after US President Trump announced US-Iran conversations and a five-day halt of strikes against Iranian energy infrastructure

The market optimism reflects a positive response to the announced US-Iran conversations and the temporary pause in strikes, which alleviates immediate geopolitical tensions. This de-escalation is likely to support risk-on sentiment in equities while impacting oil prices negatively, given potential supply stability. Traders should monitor further developments in these talks as they could influence both market trajectories and broader asset classes.