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Markets1h 46m ago

Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.

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Asia, Korea, Japan, Hong Kong, mainland China, India, Iran

Who
US President Donald Trump, Hariprasad K, Ponmudi R, SEBI
What
Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.
When
Fri, 12 Jun 2026 02:25:41 GMT · 1h 46m ago
Where
Asia, Korea, Japan, Hong Kong, mainland China, India, Iran ·
Why
President Donald Trump canceled scheduled strikes and bombings against Iran, citing high-level discussions and approval from all parties involved regarding an Iran deal.
The Frontline Impact

How this affects you

The cancellation of US strikes on Iran significantly reduced geopolitical risk premiums, leading to a broad rally in Asian stock markets and a drop in crude oil prices, which is expected to positively impact the Indian economy by easing inflation concerns.

Story chain

12 events in this thread
  1. Markets1h 7m ago
    South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.
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  2. Markets1h 7m ago
    Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
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  3. Currently Reading1h 46m ago
    Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.
  4. Markets1h 46m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, on optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  5. Markets1h 46m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, following optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  6. Markets2h 4m ago
    Indian markets are predicted to open positively today, June 12, 2026, following a strong global equities rally driven by optimism for a US-Iran peace deal.
    Open article
  7. Markets2h 4m ago
    Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on Friday, tracking strong gains across global markets after optimism grew over a possible peace agreement between the United States and Iran.
    Open article
  8. Markets2h 39m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
    Open article
  9. Markets3h 10m ago
    U.S. President Donald Trump announced that the U.S. had reached a "great settlement" to end the war with Iran, which drove oil prices lower and U.S. markets to rally.
    Open article
  10. Markets3h 32m ago
    Asian stocks rallied on Friday due to hopes of a Middle East peace deal and anticipation of Elon Musk's SpaceX IPO, which raised a record $75 billion, while oil prices fell to two-month lows tempering inflation fears.
    Open article
  11. Markets4h 16m ago
    US stocks rallied, adding $1.2 trillion in market value, after President Donald Trump signaled a possible Iran deal and reports emerged of cancelled airstrikes.
    Open article
  12. Markets6h 2m ago
    US stocks rallied and oil prices tumbled on Thursday after US President Trump announced the cancellation of planned strikes on Iran and touted a deal with the country.
    Open article

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