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Markets2h 24m ago

Stocks surged and oil prices tumbled after Donald Trump called off planned attacks against Iran, backing down from earlier threats.

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Iran

Who
Donald Trump
What
Stocks surged and oil prices tumbled after Donald Trump called off planned attacks against Iran, backing down from earlier threats.
When
Thu, 11 Jun 2026 18:34:26 GMT · 2h 24m ago
Where
Iran ·
Why
Trump cancelled bombings set for Thursday evening following discussions with "the highest level of Iranian leadership."
The Frontline Impact

How this affects you

The decision to call off military action against Iran immediately bolstered major stock indexes and caused Brent and US oil prices to fall, indicating a reduced geopolitical risk premium on markets. This swiftly reversed some of the week's high volatility in the US stock market.

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  5. Currently Reading2h 24m ago
    Stocks surged and oil prices tumbled after Donald Trump called off planned attacks against Iran, backing down from earlier threats.
  6. Markets2h 25m ago
    US stocks are rallying, and oil prices are falling Thursday after President Donald Trump said he called off his threat to bomb Iran in the evening.
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  7. Markets2h 26m ago
    US oil prices collapsed below $87 with WTI crude dropping nearly 3% after President Trump canceled planned Iran strikes.
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  9. Markets2h 43m ago
    US stocks rallied and oil prices fell after President Donald Trump called off a threat to bomb Iran, raising hopes for a deal that could get the global flow of crude going again.
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  10. Markets3h 22m ago
    Iran warned the US that attacks on its energy infrastructure, specifically Kharg Island, could destabilize global energy markets and lead to severe consequences.
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  11. Markets3h 37m ago
    President Trump said on Thursday that the US will launch additional attacks on Iran for a second day in a row and threatened to take over Iran’s energy and oil infrastructure.
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