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Economics2h 46m ago

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

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Australia

Who
US, Iran, Josh Gilbert, Vivek Dhar, eToro APAC, CommBank
What
The Australian share market has rocketed to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
When
Mon, 15 Jun 2026 02:39:29 GMT · 2h 46m ago
Where
Australia ·
Why
The peace deal between the US and Iran is expected to end the Persian Gulf energy crisis and cap the impact on global inflation, easing energy costs and providing a tailwind for equities and risk sentiment.
The Frontline Impact

How this affects you

A reported peace deal between the US and Iran has significantly boosted Australian stock markets and caused a sharp drop in global oil prices, potentially leading to lower energy costs and impacting inflation worldwide. However, analysts caution that the deal is not yet signed, and details are thin, suggesting market conditions could shift rapidly.

Story chain

32 events in this thread
  1. Economics37m ago
    Gold prices surged over 2% after the US and Iran reached a peace deal, easing inflation concerns and boosting investor confidence.
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  2. Economics37m ago
    Gold prices surged over 2% on Monday after US and Iran officials announced an initial agreement to end their war, which also pushed oil prices lower and eased inflation concerns.
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  3. Economics1h 16m ago
    The US and Iran have reached an agreement to reopen the Strait of Hormuz toll-free and de-escalate hostilities, with a formal signing expected on June 19.
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  4. Economics1h 23m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz.
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  5. Economics1h 23m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz, easing oil supply concerns.
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  6. Economics1h 42m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as international oil prices retreated after the announcement.
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  7. Economics1h 42m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, though oil prices could take time to stabilize.
    Open article
  8. Economics1h 42m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy, but oil prices could take time to stabilise and return to pre-war levels.
    Open article
  9. Economics1h 42m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy.
    Open article
  10. Economics1h 42m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as announced on Monday, June 15.
    Open article
  11. Economics2h 4m ago
    Markets in Asia surged after the U.S. and Iran agreed on a tentative peace deal.
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  12. Economics2h 46m ago
    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.
    Open article
  13. Currently Reading2h 46m ago
    The Australian share market has rocketed to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
  14. Economics3h 8m ago
    US President Donald Trump said a deal to end the conflict with Iran was 'now complete', which would cease an economically damaging US naval blockade of Iranian ports and lead to Tehran reopening the Strait of Hormuz by Friday.
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  15. Economics3h 9m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement.
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  16. Economics3h 9m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement and Iran confirming a signing date of June 19.
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  17. Economics3h 9m ago
    The United States and Iran have reached a peace agreement to end their over three-month-long war, with the deal expected to be signed on June 19.
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  18. Economics3h 9m ago
    The United States and Iran have reached a peace deal to end their over three-month-long war, with President Donald Trump announcing on Truth Social that the agreement has been finalized.
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  19. Economics3h 13m ago
    The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war.
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  20. Economics3h 13m ago
    The United States and Iran have reached an initial agreement to end the war and reopen the Strait of Hormuz, which could allow desperately needed oil and gas to reach the global market.
    Open article
  21. Economics3h 46m ago
    Gold rose 2% on Monday after U.S. and Iran officials said they had reached a preliminary deal to end their conflict.
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  22. Economics3h 48m ago
    Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.
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  23. Economics4h 20m ago
    The US and Iran announced a deal to reopen the Strait of Hormuz on Sunday.
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  24. Economics4h 20m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war that killed thousands of people and roiled the global economy.
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  25. Economics4h 20m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war.
    Open article
  26. Economics4h 34m ago
    Markets globally surged and oil prices plummeted on Monday after a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
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  27. Economics4h 34m ago
    Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
    Open article
  28. Economics6h 48m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which could bring relief to the global economy.
    Open article
  29. Economics7h 0m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which is expected to bring relief to the global economy.
    Open article
  30. Economics7h 21m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy.
    Open article
  31. Economics7h 21m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article
  32. Economics7h 57m ago
    Pakistan announced that the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article

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