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Markets2h 19m ago

The Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.

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Australia, Middle East

Who
US, Iran, Josh Gilbert (eToro APAC lead analyst), Vivek Dhar (CommBank commodities and sustainability research head), Sigma Healthcare, BHP, Rio Tinto, Viva Energy, Ampol, Woodside, ASX Ltd, Accent, Frasers Group
What
The Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.
When
Mon, 15 Jun 2026 02:39:29 GMT · 2h 19m ago
Where
Australia, Middle East ·
Why
The US and Iran reached a peace deal, easing concerns about the Persian Gulf energy crisis and global inflation.
The Frontline Impact

How this affects you

A peace deal between the US and Iran has caused Australian shares to rally to an eight-week high and oil prices to plunge, signaling a potential end to the Persian Gulf energy crisis and a positive shift in global risk sentiment and inflation outlook. However, details of the deal are still thin and it is not officially signed yet.

Story chain

24 events in this thread
  1. Markets39m ago
    The United States and Iran announced a framework agreement to end their conflict, easing geopolitical tensions in West Asia and reopening the Strait of Hormuz.
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  2. Markets1h 48m ago
    A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns.
    Open article
  3. Markets2h 14m ago
    Share prices soared Monday in Asia and oil prices fell after a deal was announced on ending the Iran war and reopening the Strait of Hormuz.
    Open article
  4. Currently Reading2h 19m ago
    The Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.
  5. Markets2h 19m ago
    The Australian share market has rallied to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
    Open article
  6. Markets2h 25m ago
    Share prices rose on Monday in Asia after an agreement was announced to end the Iran war and reopen the Strait of Hormuz.
    Open article
  7. Markets2h 43m ago
    Share prices soared Monday in Asia after a deal was announced on ending the Iran war and reopening the Strait of Hormuz.
    Open article
  8. Markets2h 45m ago
    US President Donald Trump announced on Sunday evening that a peace agreement between the US and Iran would be signed on June 19 in Switzerland, an announcement also made by Pakistan Prime Minister Shehbaz Sharif on Monday.
    Open article
  9. Markets2h 45m ago
    Pakistan Prime Minister Shehbaz Sharif announced on Monday that a peace deal between the US and Iran has been reached and will be officially signed in Switzerland on June 19.
    Open article
  10. Markets3h 14m ago
    The Strait of Hormuz is set to reopen on Friday following a peace deal between the US and Iran, ending a 107-day conflict and lifting a US naval blockade.
    Open article
  11. Markets3h 14m ago
    The Strait of Hormuz is set to reopen after the United States and Iran finalized a peace agreement ending their 107-day conflict.
    Open article
  12. Markets3h 15m ago
    Hong Kong stocks rallied after the US announced a deal with Iran to reopen the Strait of Hormuz.
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  13. Markets3h 15m ago
    Hong Kong stocks rallied on Monday after the US announced a deal with Iran to reopen the Strait of Hormuz and lift the blockade by the US Navy.
    Open article
  14. Markets3h 16m ago
    U.S. and Iranian officials announced on Sunday they have agreed on a deal to end their war, halt the U.S. blockade of Iran, and reopen the Strait of Hormuz.
    Open article
  15. Markets3h 16m ago
    U.S. and Iranian officials have agreed on a peace deal to end their war, halt the U.S. blockade of Iran, and reopen the Strait of Hormuz.
    Open article
  16. Markets4h 17m ago
    Stocks rallied and the US dollar fell in early Asia trading on June 5 after the United States and Iran announced a peace deal to re-open the Strait of Hormuz and lift a US blockade on Iran.
    Open article
  17. Markets4h 22m ago
    Asia’s major stock markets are surging and Brent crude futures fell more than 4 percent following the announcement of a deal to end the war between the United States and Iran.
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  18. Markets4h 22m ago
    Asia’s major stock markets are surging following the announcement of a deal to end the war between the United States and Iran.
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  19. Markets5h 35m ago
    Share markets in Asia surged and oil prices slid after news broke of a peace deal between the United States and Iran.
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  20. Markets6h 1m ago
    Share markets surged in Asia, the dollar slipped, and oil prices slid on Monday after news that the United States had agreed to a peace deal with Iran.
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  21. Markets6h 1m ago
    Share markets surged in Asia while the dollar slipped and oil prices slid due to news of a peace deal between the United States and Iran.
    Open article
  22. Markets6h 1m ago
    Asian share markets surged and oil prices slid on Monday after news broke that the United States had agreed to a peace deal with Iran, which boosted risk sentiment and promised to ease global inflationary pressures.
    Open article
  23. Markets7h 20m ago
    President Donald Trump announced on Sunday that the United States and Iran had reached a deal to reopen the Strait of Hormuz.
    Open article
  24. Markets7h 20m ago
    President Donald Trump announced on Sunday that the United States and Iran have reached a deal to reopen the Strait of Hormuz.
    Open article

Verified Sources & Citations