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Oil Prices Fall and Global Stocks Surge on Iran US Peace Deal Talks Market Reaction After Peace Deal Reports Oil prices dropped sharply after reports suggested the United States and Iran are close to an agreement to end the conflict. At the same time, global stock markets moved higher as investors reacted to hopes of stability. Brent crude fell to 97 dollars per barrel after earlier reaching above 108 dollars. Prices later showed some recovery but stayed under pressure. Before the conflict, oil was near 70 dollars per barrel. Stock Markets Rally Worldwide Major stock markets gained strongly on the news. London shares rose more than 2 percent, while Germany saw similar growth. France climbed around 3 percent during the same trading session. Asian markets also closed higher. South Korea increased by more than 6 percent. Hong Kong rose slightly above 1 percent, and Japan gained modestly. Strait of Hormuz Remains Key Risk The conflict has heavily disrupted global energy supply. Iran has threatened shipping routes through the Strait of Hormuz, a key passage for global oil and gas transport. Around one fifth of global oil shipments normally pass through this route. Tensions have reduced supply and pushed energy prices higher since the start of the conflict. Global Market Picture European stock markets are still below levels seen before the conflict began. In contrast, the United States market index remains stronger than earlier in the year. Some Asian markets have gained overall since the start of the crisis, while others remain slightly down.
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Oil Prices Fall and Global Stocks Surge on Iran US Peace Deal Talks

Market Reaction After Peace Deal Reports Oil prices dropped sharply after reports…

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