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839 US-Iran Peace Agreement Prompts Stock Rally, Leaves Some Investors Skeptical and Questions on Speed of Resuming Oil Production

Slashdot
EditorDavid @ Slashdot · 06/14/2026 22:31 EDT

US-Iran Peace Agreement Prompts Stock Rally, Leaves Some Investors Skeptical and Questions on Speed of Resuming Oil Production

"Asian stocks rallied Monday while oil prices tumbled," reports CNBC, "after the U.S. and Iran agreed to a peace deal aimed at ending nearly four months of conflict..."


The strongest reaction was seen in energy markets. U.S. crude oil futures for July delivery were down 4.77% to $80.83 per barrel by 8:27 p.m. ET. Brent futures, the international benchmark, for August delivery traded about 4% lower to $83.77 per barrel. Asian equities surged. South Korea's Kospi jumped 5.1%, Japan's Nikkei 225 climbed 3.6%

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