Asian shares mixed, oil jumps 4% after Donald Trump rejects Iran's response to ceasefire proposal

The Hindu online

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Asian stocks were mixed on Monday (May 11, 2026) after Wall Street set more records, and oil surged more than 4% following U.S. President Donald Trump's rejection of Tehran's response to the latest U.S. proposal on ending the war in Iran. The U.S. futures edged lower.Tokyo's Nikkei 225 fell 0.4% to