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Lucknow, India

Markets Rally, Oil Slumps After US-Iran Deal As Investors Cheer End Of War Uncertainty

Published 18 June 2026 ยท finance

Markets rallied and crude oil prices fell after news of the US-Iran peace agreement. Japan's Nikkei 225 surged by 1,400 points to a record intraday

Markets rallied and crude oil prices fell after news of the US-Iran peace agreement. Japan's Nikkei 225 surged by 1,400 points to a record intraday high, while South Korean stocks rose for a second straight day. Analysts said the memorandum of understanding between the US and Iran boosted investor confidence and eased concerns over inflation.

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