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War & Conflict1h 40m ago

World shares advanced on Friday while oil prices sank more than 4% after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.

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Hong Kong

Who
U.S. President Donald Trump, ING commodities analysts Warren Patterson and Ewa Manthey
What
World shares advanced on Friday while oil prices sank more than 4% after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
When
Fri, 12 Jun 2026 09:14:10 GMT · 1h 40m ago
Where
Hong Kong ·
Why
Oil prices sank due to expectations that an agreement between the U.S. and Iran may help reopen the Strait of Hormuz, a key waterway for global oil and gas transit.
The Frontline Impact

How this affects you

A claimed breakthrough in talks to end the Iran war and potential reopening of the Strait of Hormuz has led to a significant drop in oil prices and a surge in global stock markets, indicating a potential easing of inflationary pressures and geopolitical tensions.

Story chain

31 events in this thread
  1. War & Conflict32m ago
    Iran has rejected claims by the US of a 'great settlement' for the war, despite US President Donald Trump's suggestion of an imminent peace agreement.
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  2. War & Conflict1h 4m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and could be signed in Europe as soon as this weekend.
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  3. Currently Reading1h 40m ago
    World shares advanced on Friday while oil prices sank more than 4% after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
  4. War & Conflict2h 13m ago
    World shares advanced and oil prices sank more than 4% after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
    Open article
  5. War & Conflict2h 13m ago
    Two Iranian drones were shot down last night near the Strait of Hormuz, according to a U.S. official, while Iranian media reported its military stopped a tanker transiting the strait.
    Open article
  6. War & Conflict2h 38m ago
    US President Donald Trump's decision to cancel planned military strikes on Iran and instead pursue a ceasefire agreement has reportedly caught Israeli Prime Minister Benjamin Netanyahu by surprise.
    Open article
  7. War & Conflict2h 43m ago
    President Donald Trump announced Thursday that the US and Iran could come to terms this weekend on an agreement that would set the pathway to end the three-month-old war.
    Open article
  8. War & Conflict2h 44m ago
    US President Donald Trump announced on Thursday that the US and Iran could sign a peace deal this weekend, claiming Iran’s leadership approved a draft agreement, though Iran's Fars news agency subsequently rejected that a deal had been reached.
    Open article
  9. War & Conflict2h 54m ago
    U.S. President Donald Trump said Thursday that he had called off new military strikes on Iran, claiming a breakthrough in negotiations to end the war.
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  10. War & Conflict3h 19m ago
    US President Donald Trump announced on Thursday that the US and Iran could come to terms this weekend on an agreement to end the three-month-old war.
    Open article
  11. War & Conflict4h 17m ago
    Iran has declared all Elon Musk-affiliated businesses in the Middle East, including SpaceX’s Starlink ground stations, legitimate military targets.
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  12. War & Conflict4h 36m ago
    President Donald Trump stated on Friday that a peace deal with Iran could be signed as soon as this weekend, while Iran's Foreign Ministry spokesperson Esmaeil Baghaei said no final decision had been made.
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  13. War & Conflict4h 43m ago
    US President Donald Trump claimed the United States had "ended the war with Iran," asserting that Tehran has agreed never to pursue nuclear weapons.
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  14. War & Conflict5h 3m ago
    Israeli Prime Minister Benjamin Netanyahu was 'caught off guard' after US President Donald Trump cancelled planned strikes against Iran and announced a potential diplomatic agreement.
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  15. War & Conflict5h 15m ago
    US President Donald Trump stated on Thursday, June 11, 2026, that a deal with Iran to end the three-month-old war could be signed as soon as this weekend.
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  16. War & Conflict5h 15m ago
    US President Donald Trump announced that a deal to end the war with Iran could be signed as soon as this weekend, despite an Iranian official stating no final decision had been made.
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  17. War & Conflict5h 26m ago
    Hopes grew on Friday for peace between Iran and the United States after President Donald Trump said a deal could be signed as soon as this weekend, even as Tehran said it had not made a final decision on a pact.
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  18. War & Conflict5h 37m ago
    US President Donald Trump stated on Thursday that a possible operation to seize Iran’s key Kharg Island would be “off the table” if an agreement to end the war is signed, potentially as early as this weekend.
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  19. War & Conflict5h 46m ago
    Hopes grew on Friday for peace between Iran and the United States after President Donald Trump said a deal could be signed as soon as this weekend, even as Tehran said it had not made a final decision on a pact.
    Open article
  20. War & Conflict6h 14m ago
    US President Donald Trump said he has cancelled planned military strikes on Iran for a third straight day, claiming that a deal with Tehran is close to being finalised.
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  21. War & Conflict6h 25m ago
    Asian shares climbed sharply on Friday, tracking big Wall Street gains, and oil prices slipped after U.S. President Donald Trump claimed there was a breakthrough in talks to end the Iran war.
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  22. War & Conflict6h 49m ago
    President Donald Trump announced Thursday that the U.S. and Iran could finalize an agreement this weekend to end the three-month-old war that has rattled global oil markets.
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  23. War & Conflict8h 20m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe, with Iran agreeing never to have a nuclear weapon.
    Open article
  24. War & Conflict8h 20m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe.
    Open article
  25. War & Conflict8h 50m ago
    US President Trump announced a nearly complete deal to end the war with Iran, expected to be signed over the weekend in Europe.
    Open article
  26. War & Conflict8h 50m ago
    US President Trump announced a nearly complete deal to end the war with Iran, expected to be signed in Europe this weekend, after canceling planned military strikes.
    Open article
  27. War & Conflict8h 59m ago
    US President Donald Trump suggested that recent US military action had reshaped Iran's leadership structure, saying a new group of leaders had emerged in Tehran and was proving more willing to negotiate with Washington.
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  28. War & Conflict9h 24m ago
    US President Donald Trump announced that a deal to end the war with Iran is nearly complete and is expected to be signed over the weekend in Europe.
    Open article
  29. War & Conflict10h 22m ago
    Gold held its biggest gain since March after President Donald Trump said the United States could sign a deal with Iran over the weekend to end the war.
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  30. War & Conflict10h 22m ago
    Gold held its biggest gain since March after President Donald Trump said the United States could sign a deal with Iran over the weekend to end the war.
    Open article
  31. War & Conflict10h 28m ago
    US President Donald Trump claimed on Thursday that the United States has “ended war with Iran” and that Tehran has “agreed to never have a nuclear weapon”.
    Open article

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