Markets Rally After Last-Minute Ceasefire, Uncertainty Remains
Oil prices fell and stocks rose after a last-minute U.S.-Iran ceasefire was achieved just 90 minutes before President Donald Trump’s deadline for potential military action. The deal eased immediate worries about supply disruptions, especially around the Strait of Hormuz. However, neither side has accepted the other’s terms for a lasting solution, raising doubts about how long the truce will last. Analysts warn that ongoing political uncertainty could keep energy markets volatile in the near future.
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