Oil prices plunged about 9 percent in two days after the U.S. and Iran reached an agreement to end their war and reopen the Strait of Hormuz.

Global stocks have seen impressive gains this year, with Japan’s Nikkei 225 up over 37% and South Korea’s Kospi up 102%, while oil prices have fallen nearly 30% since early May.

The Indian stock market extended its winning streak for a third consecutive session on Tuesday, June 16, buoyed by investor optimism following the US-Iran peace agreement and the resulting drop in crude oil prices.

Indian markets could see a moderate rerating due to expectations of better macro and broader earnings resilience if a potential US–Iran memorandum of understanding de-escalates West Asian tensions and moderates global oil and gas prices.

Indian markets could see a moderate rerating if a potential US–Iran memorandum of understanding leads to de-escalation of tensions in West Asia, according to a Kotak Institutional Equities report.

Flight Centre expects an 'earnings tailwind' in 2026/27 due to a peace deal between the US and Iran, despite downgrading its 2025/26 earnings forecast.

Oil prices plunged on Tuesday, bringing the two-day drop to about 9 per cent, after the United States and Iran reached an agreement on Sunday to end their war and reopen the Strait of Hormuz.

Oil prices plunged again Tuesday, bringing the two-day drop to about 9 per cent after the United States and Iran reached an agreement on Sunday calling for an end to their war and the reopening of the Strait of Hormuz.

The Dow Jones gained nearly 300 points on Tuesday, while the S&P 500 declined 0.6% and the Nasdaq fell 1.2%.

The Dow Jones gained nearly 300 points on Tuesday, reaching a new record high, while the S&P 500 declined 0.6% and the Nasdaq fell 1.2% due to profit-booking in chip stocks.

Equity-index futures for Japan, South Korea and Australia pointed to losses at the open, while contracts for Hong Kong edged higher.

Asian stocks are set to decline, tracking Wall Street's losses as investors anticipate the Federal Reserve policy decision and a forthcoming US-Iran interim peace agreement.

Oil prices fell below $80 per barrel for the first time since early March on Tuesday, as US stocks showed mixed trading with the Dow Jones Industrial Average setting a new record and the Nasdaq composite declining due to drops in influential tech stocks.

Oil prices fell below $80 per barrel for the first time since early March due to optimism about a potential US-Iran deal, while US stocks were mixed, with the Dow setting a new record and the Nasdaq falling 1.2% due to a tech selloff.

Oil prices fell below $80 per barrel for the first time since early March due to hopes of a US-Iran deal, while US stocks were mixed with the Dow Jones Industrial Average setting a record and the Nasdaq composite declining by 1.2% due to a selloff in AI tech stocks.

Oil prices fell below $80 per barrel for the first time since early March due to hopes of a US-Iran deal reopening the Strait of Hormuz, while US stocks showed mixed trading with the Dow Jones Industrial Average setting a new record and the Nasdaq composite falling 1.2%.

Oil prices fell below $80 per barrel for the first time since March, while US stocks showed mixed performance with the Dow Jones Industrial Average setting a record for the second straight day, and the Nasdaq composite falling 1.2% due to tech stock declines.

Oil prices dropped below $80 per barrel on Tuesday for the first time since early March, while U.S. stocks saw mixed trading with the Dow Jones Industrial Average setting a record and the Nasdaq composite falling.

Oil prices sank below $80 per barrel for the first time since early March, while U.S. stocks showed mixed performance on Tuesday with the Dow Jones Industrial Average setting a record for the second straight day.

President Trump and Iran say an agreement has been reached to end the war and reopen the Strait of Hormuz.

Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-peace-deal slide.

Stock indexes settled mixed on Tuesday, with the S&P 500 Index closing down -0.57% and the Nasdaq 100 Index closing down -1.89%, while the Dow Jones Industrial Average closed up +0.64% to a new all-time high.

Stock indexes settled mixed on Tuesday, with the Dow Jones Industrials posting a new all-time high while the S&P 500 and Nasdaq 100 closed lower.

Stocks saw mixed results on Tuesday as the Dow Jones Industrial Average gained 0.64%, while the S&P 500 fell 0.57% and the Nasdaq Composite declined by 1.15%.

Stocks saw mixed results on Tuesday, with the Dow Jones Industrial Average gaining 0.64%, while the S&P 500 fell 0.57% and the Nasdaq Composite declined by 1.15% due to chipmakers.

Stocks saw mixed results on Tuesday, with the Dow Jones Industrial Average gaining 0.64% while the S&P 500 fell 0.57% and the Nasdaq Composite declined by 1.15%, largely due to chipmaker losses.