# Japan's benchmark Nikkei 225 gained less than 0.1% to close at 53,429.56.

*business · news · 2026-04-07 · The Atlanta Journal-Constitution*

## Key points

- President Trump set a deadline for Iran to reopen the Strait of Hormuz or face bombing.
- Iran rejected the latest ceasefire proposal and demanded a permanent end to the war.
- Iranian and Omani officials are negotiating a mechanism to administer the Strait of Hormuz.
- Benchmark U.S. crude oil prices surged to $114.82 a barrel, far above prewar levels.

**Companies:** Mizuho Bank
**Countries:** Japan, Australia, South Korea, China, Iran, Oman, United States

[Read the full story on The Atlanta Journal-Constitution](https://www.ajc.com/news/2026/04/asian-shares-are-mixed-ahead-of-trumps-deadline-for-iran-to-reopen-oil-route/)

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