Middle East Peace Deal Framework Sparks Global Market Surge

The news hit markets hard this morning. Donald Trump announced some kind of peace deal framework for the Middle East, something that finally seems to bring some closure to that whole crisis. And right away, Asian stocks just exploded. Kyodo News reported it at 6:40 am IST Japan’s Nikkei shot up over four percent, hitting a new intraday high.
It felt like immediate relief for everyone watching the Strait of Hormuz situation.
Early reports were all about that opening. It wasn't just political talk. The deal opens up that critical waterway. South Korea’s Kospi jumped 4.3%. Australian shares also reacted instantly; the ASX200 was trading higher, up 1.4 percent to 8,928 when this broke. Seven of eleven sectors on the index were climbing, materials leading the charge with a 3.5 percent rally.
Meanwhile, the oil markets shifted too. CNBC noted that US crude oil futures for July delivery dropped, sliding by 4.77 percent, settling at $80.83 per barrel by 8:27 p.m. Eastern. Brent futures, the international benchmark, followed suit, trading about four percent lower at $83.77.
US crude itself slid, dipping 4.3 percent to $81.23 a barrel. S&P 500 futures climbed a bit, and Nasdaq futures jumped 1.4 percent. It’s clear risk assets are surging right now. Nikkei futures also ticked up two percent, reaching 68,685, way above where they closed Friday.
Remember what Trump said on Monday? He announced the completion of the peace deal with Iran. He declared that the Strait of Hormuz was reopening and the naval blockade had to be removed immediately. He essentially told the world: "Ships of the World, start your engines. Let the oil flow!" That was a big statement.
Iran’s Deputy Foreign Minister for Legal and International Affairs, Kazem Gharibabadi, confirmed this too. But he added some necessary friction. Tehran isn't just done yet. They want time. They said they will enter a proposed 60-day negotiation period to actually verify Washington’s promises ending the fighting, lifting the blockade, and releasing those Iranian assets.
The official signing ceremony itself is set for Friday. After that, they plan to publish the actual text of the Memorandum of Understanding. Gharibabadi made it clear this wasn't just smooth diplomacy. He linked it back to military achievements, mentioning the martyrs who fought against the establishment.
He said the signing will happen on Friday, and then the heads of the delegations will meet up to figure out the next steps for negotiations. It’s messy. It’s moving slowly. But this whole thing, finally, is ending a conflict that choked global energy supplies through that strait. Ten eighty-eight days of tension just seem to be winding down, bringing some much-needed sigh of relief and a sense of normalcy back into things.
Written by Gree News Team — Senior Editorial Board
Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.
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