Asian stocks hit record highs on May 25, with Japan's Nikkei 225 Index rising 2.85% to 65,110 yen amid expectations of a 60-day ceasefire extension between the U.S. and Iran. South Korea's and India's indices also saw significant gains, reflecting investor optimism about peace talks. However, markets fell on May 28 following reports of new U.S. military strikes on Iran, leading to rising oil prices and investor concerns about escalating tensions.
