Middle East peace deal lifts market mood, but key challenges remain: William Lee

William Lee of Global Economic Advisors said a potential Middle East peace deal has lifted market sentiment, particularly for energy-dependent countries reliant on the Strait of Hormuz, though key challenges remain—most notably securing a credible commitment from Iran on nuclear weapons and managing internal political uncertainties. He noted that AI remains a powerful investment theme in Asia, with investors increasingly selective and rewarding companies with practical AI applications. He also highlighted India's vulnerability to energy supply cutoffs and suggested small nuclear reactor projects as a path to energy diversification.