Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain concerned about surging crude oil prices and rising global bond yields. They also remain concerned if the fragile U.S.-Iran truce would hold while the U.S and Iran continue talks to end the war in the Middle East even as both factions rejected each other's latest peace proposals. Asian markets closed mostly lower on Friday.
U.S. President Donald Trump on Sunday warned that "the clock is ticking" for Iran and they better get moving, FAST, or there won't be anything left of them.
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