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Asian stocks rally and oil prices drop over 4% after US-Iran peace deal ends conflict

Market News
14 Jun 2026
CNBC
View Source
Bullish
pluang ai news

Asian stock markets surged and oil prices fell sharply after the US and Iran agreed to a peace deal aimed at ending nearly four months of conflict. Oil prices dropped over 4%, reflecting eased geopolitical tensions and lifting the risk premium that had weighed on markets. The deal's impact extended to other assets, with the US dollar weakening and bond yields falling, signaling reduced inflation concerns. However, uncertainty remains as the agreement is unsigned and implementation risks persist, keeping investors cautious despite the positive market reaction.

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