June 15, 2026 07:24
Oil prices plunge, Asia stocks rise after U.S.-Iran deal
Oil prices plunged more than 4% on Monday (June 15, 2026), while Asian stocks soared in early trade after the United States and Iran announced they had reached an agreement to end the conflict in West Asia.
At 0045 GMT, U.S. benchmark West Texas Intermediate was down 4.70% at $80.89 a barrel and North Sea Brent Crude sunk 4.03% to 83.81%.
Meanwhile, Japan’s Nikkei 225 index jumped 4.99% and South Korea’s benchmark Kospi index soared 5.54%.
- AFP
June 15, 2026 07:18
Gold rises 2% after U.S., Iran reach peace deal
Gold rose 2% on Monday (June 15, 2026) after U.S. and Iran officials said they had reached a preliminary deal to end their conflict, pushing oil prices lower and easing concerns about inflation and higher interest rates.
Spot gold was up 2% at $4,304.11 per ounce, as of 0122 GMT, hitting its highest level since June 9. U.S. gold futures for August delivery rose 2% to $4,325.20.
- Reuters
June 15, 2026 07:16
West Asia war highlights: U.S.-Iran peace deal announced with 'permanent' end to military action
The United States and Iran agreed a peace deal and an “immediate and permanent” end to military operations on all fronts including Lebanon, mediator Pakistan said, in the strongest sign yet that more than three months of war in Middle East is drawing to a close.
“The Deal with the Islamic Republic of Iran is now complete,” U.S. President Donald Trump swiftly confirmed with his own statement on Sunday (June 14, 2026), as he marked his 80th birthday.
Published - June 15, 2026 07:18 am IST