WORLDJun 15 · 02:16 UTCMIDDLE EAST EYEQazi Zaid

Markets rally, oil tumbles after US-Iran deal announcement

Stock markets in the Asia-Pacific region surged following a confirmed US-Iran agreement to end conflict between Washington, Israel, and Tehran. Oil prices fell sharply as concerns over energy supply disruptions eased, with Brent Crude dropping over 4% after the deal included reopening the Strait of Hormuz.

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United StatesplaceIranplaceNikkei 225organizationKospiorganizationTaiexorganizationS&P/ASX 200organizationS&P 500organizationNasdaq CompositeorganizationBrent crudetopicStrait of Hormuzplace

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