GLOBAL MARKETS-Asia Stocks Extend AI Boom, Oil Up On Gulf Risk

GLOBAL MARKET - SYDNEY. Asian share markets firmed on Monday as the boom in all things AI continued to drive demand, offsetting a lack of progress in Gulf peace talks that challenged optimism on a re-opening of the Strait of Hormuz and lifted oil prices. 

While negotiators from Washington and Tehran are apparently working to hammer out a deal, President Donald Trump has been notably silent on their progress.