Shares in Taiwan’s Evergreen Marine Corporation and Tiger Airways saw significant gains Tuesday, spurred by optimism surrounding a potential peace agreement between the U.S. and Iran. Evergreen Marine’s stock rose over 7%, while Tiger Airways experienced a trading halt after reaching its daily price limit. Analysts attribute the surge to expectations that de-escalation in geopolitical tensions will positively impact global shipping routes and fuel demand. The potential for increased trade following a resolution with Iran is a key factor. Additionally, positive forecasts for the shipping industry’s overall performance contributed to investor confidence. This positive market reaction reflects the sector’s sensitivity to international relations and economic stability. The gains indicate a broader market belief in a recovering global economy and reduced supply chain disruptions.