Japanese Stocks Surge 3.5% to Record High on U.S.-Iran Peace Hopes
Japan’s stock market climbed 3.5% to a record high as optimism grew around a possible U.S.-Iran peace agreement.
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Japan’s stock market climbed 3.5% to a record high as optimism grew around a possible U.S.-Iran peace agreement.
Oil prices climbed after Trump said the U.S.-Iran ceasefire remains on “massive life support,” renewing supply disruption concerns.
Brent crude oil plunged more than 11% as easing geopolitical concerns reduced fears of supply disruptions.
Bitcoin and Nasdaq futures rose sharply as oil prices fell on renewed hopes for a U.S.-Iran peace agreement.
Oil drops 16% in one hour, marking one of the largest intraday declines in market history.
Brent reaches $87 and U.S. crude tops $80 for the first time in over a year as oil prices surge.