Keyword → Iran peace deal

Iran's IRGC Fires Missiles at Two Strait of Hormuz Vessels — Brent Crude Rises $0.50 to $72.49 as Peace Deal Durability Questioned

Iran's Islamic Revolutionary Guard Corps reportedly fired missiles at two commercial vessels transiting the Strait of Hormuz, pushing Brent crude 50 cents higher to $72.49 per barrel and raising fresh doubts about the durability of the U.S.-Iran peace framework. A tanker was hit off the coast of Oman, causing a fire with no reported casualties, according to UK Maritime Trade Operations. The incident arrives as both sides are still negotiating a permanent settlement, with US forces expected to assess retaliatory options.

Oil Falls 0.7% to $75.30 as US and Iran Reach Burgenstock Roadmap — 60-Day Window Set for Final Peace Deal

West Texas Intermediate crude slipped 0.7% to $75.30 a barrel after US and Iranian negotiators concluded talks in Switzerland with a roadmap toward a final peace deal within 60 days. The agreement includes a communication mechanism to keep the Strait of Hormuz open and a plan to end fighting in Lebanon, though mediators cautioned significant work remains. Energy and airline stocks are positioned as the most direct beneficiaries if the de-escalation holds through the negotiating window.

Trump Signs Iran Peace Deal at Versailles — Oil Drops to $78.40 Brent as Strait of Hormuz Set to Reopen

President Trump signed an interim memorandum of understanding with Iran at the Palace of Versailles, reopening the Strait of Hormuz and lifting a U.S. naval blockade on Iranian ports. Brent crude fell more than 2% below $78 a barrel and WTI dropped near $74.69, while S&P 500 futures jumped 0.7% and Nasdaq futures rallied 1.1%, clawing back Wednesday's Fed-driven selloff. The 60-day deal requires Iran to dilute enriched uranium stockpiles in exchange for sanctions relief.

Boeing Jumps 4.5% as Strait of Hormuz Peace Deal Eases Jet Fuel Cost Pressure on Airlines

Boeing shares climbed 4.5% after a U.S.-Iran agreement raised hopes that the Strait of Hormuz will reopen, easing fears of prolonged elevated jet fuel costs for airlines. Lower oil prices improve the profitability outlook for carriers, which analysts say increases the likelihood of advanced aircraft orders and on-schedule deliveries. The move follows Boeing's report of a 33% jump in May aircraft deliveries, signaling a broader production recovery for the aerospace giant.

S&P 500 and Nasdaq Hit Record Highs, Dow Gains 469 Points — VIX Falls 8.4% to 16.20 as Iran Deal Lifts Risk Appetite

The S&P 500 gained 1.7% to a record close of 7,554.29 and the Nasdaq Composite jumped 3.1% to 26,683.94, while the Dow Jones Industrial Average rose 469 points to a new all-time high of 51,671, after the U.S. and Iran reached a preliminary peace agreement. The CBOE Volatility Index fell 8.4% to 16.20, with seven of eleven S&P sectors closing higher and technology leading gains.

Bitcoin Slips Below $66,000 Despite Iran Peace Deal as Traders Eye Trump Reversal Risk

Bitcoin briefly rose above $67,000 before slipping to trade near $65,845, up just 0.3% on the day despite a broad equity rally tied to the U.S.-Iran peace memorandum. The muted crypto reaction contrasts with the S&P 500's 1.7% gain and Nasdaq's 3.1% surge, with traders citing caution over the durability of the deal and the approaching Fed decision as reasons for the divergence.