U.S.-Iran Two-Week Ceasefire Triggers Global Market Relief Rally as Oil Prices Plunge

Global equity markets surged after President Trump paused military strikes against Iran for a two-week period following a last-minute agreement. The military coalition, including Israel and the United States, had previously threatened Iranian infrastructure targets before the truce was tied to the reopening of the Strait of Hormuz. This positive momentum extended into the Asian trading session, where Asia-Pacific markets opened mostly higher as risk appetite returned to the region. In the energy sector, WTI crude is currently trading at $98.48 per barrel, while Brent crude has dropped to $95.92. This decline has boosted inverse energy ETFs as a tactical trading play, even as gold remains elevated due to investor caution regarding the temporary nature of the deal. Analysts emphasize that the sustainability of this market recovery depends entirely on the outcome of negotiations before the two-week expiry.