Economy Politics Country 2026-04-09T00:25:35+00:00

Oil Prices Fall, Stock Markets Rise After US-Iran Ceasefire Deal

International oil prices dropped significantly as global stock markets showed strong growth. This was a reaction to the two-week ceasefire agreement between the US and Iran, which boosted investor optimism and expectations for the reopening of the strategic Strait of Hormuz.


Oil Prices Fall, Stock Markets Rise After US-Iran Ceasefire Deal

International oil prices saw a significant drop, while global stock markets experienced strong growth. This was a direct response to the two-week ceasefire agreement between the United States and Iran. In the energy sector, US crude oil futures fell by more than 15%, dropping below the $95 per barrel mark. Meanwhile, Brent, the global benchmark, reported a decrease of 13.75%, settling at $94.68. However, this price remains well above the $67.02 level seen at the end of February, before the conflict began. Financial indicators, in contrast, showed positive performance. On Wall Street, Dow Jones futures added over a thousand points, equivalent to a 2.2% increase. The S&P 500 and Nasdaq also advanced by 2.4% and nearly 3%, respectively. The positive trend extended to Asian markets; Japan's Nikkei 225 rose 4.9%, the South Korean Kospi gained 5.7%, and Hong Kong's Hang Seng increased by 2.8%. President Donald Trump accepted the truce just hours before a deadline set by his administration, stating that the agreement depends on the reopening of the maritime route. Although this represents a considerable drop, the price remains well above the $67.02 traded at the end of February, before the start of the conflict. According to information gathered by Metro World News, international oil prices registered significant falls while global stock markets experienced strong gains, as a direct response to the two-week ceasefire agreement between the United States and Iran. This pause in hostilities generates expectations for the swift reopening of the Strait of Hormuz, a strategic maritime route through which approximately 20% of the world's crude oil is transported. In the energy sector, US crude futures fell by more than 15% at market close, settling below $95 per barrel. Via social media, he indicated that a 10-point proposal sent by Tehran serves as a viable basis for negotiation. From the other side, the Iranian government emphasized through the state IRIB channel that the suspension of attacks is strictly temporary and follows the guidelines of the Supreme Leader, dismissing that this means the end of the armed conflict. Tehran communicated that its armed forces will regulate transit through the Strait of Hormuz, seeking to secure a key geopolitical and economic position. The blockade of this route caused an unprecedented supply crisis, affecting the flow of 12 to 15 million barrels per day. Energy sector analysts warn that fundamental doubts persist. Experts point out that it is still necessary to observe whether the route will operate normally, as the positions between Washington and Tehran show divergences, leaving the stability of energy markets in suspense in the long term.