Stock Markets Soar, Oil Falls on US-Iran Deal
Asian stock markets, including Japan's Nikkei 225 and South Korea's Kospi, soared over 5% following the announcement of a framework agreement between the US and Iran to end their conflict. This groundbreaking deal simultaneously sent Brent crude oil prices plummeting by 4.5% to below $83.40, signaling widespread global optimism for stability and reduced energy costs.