US-Iran tensions vs. peace-deal hopes; oil falls
Stocks rallied and oil fell about 6.5–7% on renewed US-Iran peace hopes, while Iran threatened US bases in Europe if new strikes occur and regional drone incidents continued.
What we know
WTI and Brent fell on peace hopes, but Iran threatened US bases in Europe if strikes resume. The Houthis claim a strike in Jizan, and Kazakhstan oil flows were halted after a drone attack. Unverified claims of a nuclear option are circulating.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.