Israel Iran War LIVE: Oil Prices Drop, Markets React After Trump Announces Iran-Israel Truce | N18G
Israel Iran War LIVE: Oil Prices Drop, Markets React After Trump Announces Iran-Israel Truce | N18G
Global markets surged after US President Donald Trump announced a ceasefire agreement between Iran and Israel. Japan’s Nikkei rose 1.4%, while Hong Kong’s Hang Seng gained 1.7%. Oil prices dropped sharply over 3%, as fears of supply disruption eased. Gold prices also slid to near two-week lows, reflecting a decline in safe-haven demand. The US dollar slipped against major currencies following Trump’s statement.
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