Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.
Market Impact of Ceasefire
Percentage change in major financial indicators following the ceasefire announcement
Primary Sources
Oil plunges, stock futures rally on Trump floating Iran ceasefire
Oil prices plunged and U.S. stock futures soared Tuesday evening after President Donald Trump announced "a double sided ceasefire" in the war with Iran at the request of Pakistan, which has been serving as an intermediary for the two nations.Trump said on social media that the ceasefire was subject to “the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.” Israel also agreed to abide by the two-week ceasefire, a White House official told NBC News.The price of U.S. crude oil slid more than 16% to below $94 per barrel, a stunning drop after it traded as high as $117 earlier in the day.S&P 500 futures also soared, rising more than 2.5%, while Dow futures spiked by 1,000 points and Nasdaq 100 futures jumped nearly 3%.Futures that track the Russell 2000 index rose 2.8%. The price of natural gas, wholesale gasoline and heating oil, which is a proxy for jet fuel, also traded sharply lower on the news of a potential ceasefire.U.S. crude oil is still up more than 70% since the year began, even after Tuesday night's sharp drop.Marine traffic through the Strait of Hormuz has been effectively halted since the beginning of March, as tankers hesitated to enter a narrow waterway so close to the Iranian coast. Ships have also been threatened and struck with drones and projectiles. Typically, the Strait of Hormuz carries more than 20% of the world's daily oil supply to the global market.As a result, investors had been on edge all day, watching and parsing headlines to determine whether a pause would be announced or whether the war would escalate. In a response to Trump's announcement, Iran's foreign affairs minister, Seyed Araghchi, wrote on X, "For a period of two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran's Armed Forces and with due consideration of technical limitations."It was not clear whether Iran was committing to let any ship pass and what, if any, tolls would be exacted for passage through the strait. The Trump administration has insisted since the war started that U.S. gas prices will fall quickly as soon as the fighting stops and the Strait of Hormuz reopens.The average price per gallon of retail gasoline was $4.14 Tuesday. The price of diesel fuel was $5.64 on average, nearing its all-time high of $5.82 in 2022.But a two-week ceasefire most likely means "another two weeks of status quo and barely anything getting through the Strait, which is likely to continu...
Oil prices slide, stocks surge as Trump announces two-week Iran ...
Investors welcome the possible resumption of oil and gas flows through the Strait of Hormuz.Oil prices have dived, bonds rallied, and stocks surged as a two-week ceasefire involving Iran spurred a relief rally, with investors cheering the possible resumption of oil and gas flows through the Strait of Hormuz.US President Donald Trump said late on Tuesday that he had agreed to suspend attacks on Iran for two weeks, adding that a long-term peace agreement was in progress.Recommended Stories list of 1 itemlist 1 of 1Iran agrees to open Strait of Hormuz for two-week US ceasefireend of listIran said it would halt its attacks if those against it stopped, and that safe transit through the Strait of Hormuz would be possible for two weeks in coordination with the Iranian Armed Forces.Global markets have been rattled since the US and Israel attacked Iran at the end of February, prompting Tehran to effectively close the Strait of Hormuz, a key waterway used to transit one-fifth of the world’s oil and gas.US crude futures fell about 16.5 percent to $94 a barrel, S&P 500 futures leapt more than 2 percent, and the dollar fell broadly on Wednesday, having been a haven for investors during the turmoil.“Markets have been predicting that Trump was looking for an off-ramp in Iran,” said Jamie Cox, managing partner at Harris Financial Group. “Today, he got one and took it.”Futures pointed to broad gains in Asia’s stock markets, which have been hit by the war and soaring energy prices, while 10-year US Treasury futures rose about 15 ticks.‘It’s a good start’The announcement was made on social media, where Trump had on Tuesday written that “a whole civilisation will die tonight” if his demands were not met.The US-Israel war on Iran saw the steepest monthly oil price rise in history, 50 percent in March.Trump said the US had received a 10-point proposal from Iran , which he called a workable basis to negotiate, and said the parties were very far along in reaching a definitive agreement for long-term peace.“It’s a good start and could pave the way to a more permanent reopening – but lots of ifs still to work out,” IG analyst Tony Sycamore wrote in a note.
Big Drop In Oil Prices After Trump Announces 2-Week Ceasefire With Iran
Big Drop In Oil Prices After Trump Announces 2-Week Ceasefire With Iran Markets reacted within minutes of the ceasefire announcement by Donald Trump -- oil fell, bonds rose, and US stocks jumped.
Oil slides below $100 after Trump announces two-week ceasefire
Oil prices saw a sharp fall after US President Donald Trump announced a ceasefire with Iran. The deal hinges on Iran reopening the Strait of Hormuz. This development follows a period of heightened tensions and threats. Iran has stated its willingness to ensure safe passage for two weeks. Negotiations for a long-term peace agreement are reportedly underway.
