Asian markets that were open for trading on Monday largely rose, largely due to concerns over the Iran war, rising oil prices, and potential threats from President Donald Trump. The Nikkei 225 rose nearly 1.1% to 53,692.42, while South Korea's Kospi gained 1.5% to 5,460.24. The deadline for Iran to open the Strait of Hormuz is looming, raising concerns about an escalation in the conflict. The key market focus continues to be on oil prices. The U.S. oil prices have surged recently due to fears that the Iran conflict may drag on longer than expected.