Asian markets settled higher on Tuesday tracking Wall Street’s gains overnight after US President Donald Trump's assertions that the ongoing conflict with Iran was ‘very complete’ and could end ‘very soon’. Market sentiment was further bolstered by reports that the US might soften sanctions on other energy-producing nations to stabilize the global market. Japanese shares rallied as global markets reacted to reports that G7 economies, including Japan, are preparing a coordinated release of strategic oil reserves to stabilize energy prices. Besides, revised data from the Cabinet Office of Japan showed that the Japanese economy experienced a stronger-than-expected recovery in the fourth quarter of 2025, with Q4 GDP revised upward to an annualized 1.3% expansion. This is a significant increase from the initial estimate of a 0.2% expansion. Chinese shares rose after data showed Chinese exports surged 21.8% year-on-year in the combined January-February period, totalling $656.58 billion. This growth far exceeded the 7.1% median forecast and marked the fastest expansion in outbound shipments since October 2021. Kospi shares surged after South Korean President Lee Jae Myung directed the swift execution of a 100 trillion won ($66.9 billion) market stabilization program to curb extreme volatility.