On a Wednesday when the world's markets had been holding their breath, President Donald Trump announced a two-week ceasefire with Iran, less than ninety minutes before a deadline he had set for reopening the Strait of Hormuz to oil tankers. Oil eased back toward ninety dollars a barrel and stocks climbed across continents, a reminder of how much of the global economy rests on a single narrow passage of water and on the fragile patience of those who control it. The relief is real, but it is borrowed time, bounded by a fortnight and clouded by warnings about false terms of a deal that has yet to
Oil Slides Toward $90 and Global Stocks Surge as Trump Announces Two-Week Iran Ceasefire
Oil slid back toward $90 as stocks surged worldwide
Mark
Start with the basics. What actually happened on Wednesday?
Mimi
Trump announced a two-week ceasefire with Iran, and markets reacted almost at once. The S&P 500 rose 2.5%, the Nasdaq 2.3%, and the Dow gained 1,126 points, about 2.4%.
Mark
And oil?
Mimi
It dropped significantly, back toward $90 a barrel. The worry had been the Strait of Hormuz, where tankers leaving the Persian Gulf have to pass.
Luke
Let me slow us down. The ceasefire is confirmed as announced by Trump. Do we know that the strait is actually open?
Mimi
The reporting says tensions over it eased. It doesn't say tankers are moving freely, so that part is still open.
Mark
Why does the timing matter?
Mimi
He announced it less than 90 minutes before his own deadline for Iran to open the strait. The market was reacting to a deadline that didn't pass.
Luke
Also, the Dow figure is as of 12:30 a.m. Thursday, so it's a snapshot rather than a closing number. And the report gives no detail on what Iran agreed to.
Mark
What about Trump's warning on fake deal terms?
Mimi
He said fraudsters and charlatans were circulating false terms, and that only US-approved points would guide talks. That suggests the negotiations could be contested.
Luke
Which means two weeks of calm is not the same as a settlement. The gains price in hope, not a finished deal.
O Pulso
- Minutes before a hard deadline, a two-week ceasefire with Iran lifted the mood of traders who had been bracing for the Strait of Hormuz to stay shut.
- Crude oil slid back toward $90 a barrel, a price that had climbed while the standoff over the strait remained unresolved.
- The S&P 500 jumped 2.5%, the Dow gained about 2.4%, and the Nasdaq rose 2.3%, while European and Asian markets posted even larger gains.
- Trump warned that fraudsters and charlatans were circulating fake Iran deal terms, insisting only US-approved points would guide the talks.
- Investors now watch whether the ceasefire holds and whether tankers actually begin moving through the strait before the two weeks run out.
On a Wednesday when the world's markets had been holding their breath, President Donald Trump announced a two-week ceasefire with Iran, less than ninety minutes before a deadline he had set for reopening the Strait of Hormuz to oil tankers. Oil eased back toward ninety dollars a barrel and stocks climbed across continents, a reminder of how much of the global economy rests on a single narrow passage of water and on the fragile patience of those who control it. The relief is real, but it is borrowed time, bounded by a fortnight and clouded by warnings about false terms of a deal that has yet to be settled.
Oil prices fell back toward $90 a barrel on Wednesday, and stock markets rose around the world, after President Donald Trump announced a two-week ceasefire with Iran. The announcement came less than 90 minutes before a deadline he had set for Iran to reopen the Strait of Hormuz, the narrow passage at the heart of the market's anxiety, and to let oil tankers leave the Persian Gulf.
Wall Street responded quickly. The S&P 500 jumped 2.5%, the Dow rose about 2.4%, and the Nasdaq gained 2.3%. Markets in Europe and Asia posted even larger gains, so the relief moved across the whole global system rather than staying in one place.
Oil told the same story from the other side. Its slide back toward $90 hints at how high prices had climbed while the standoff over the strait went unresolved.
The calm is provisional. The ceasefire lasts only two weeks, and the diplomacy that follows is still unclear. Trump also warned of fraudsters and charlatans circulating fake terms of an Iran deal, and said only points approved by the United States would guide the talks. Markets will be watching whether the ceasefire holds, whether tankers actually move through the strait, and whether disputes over deal terms undermine the talks.
Oil prices fell back toward $90 a barrel on Wednesday, and stock markets climbed around the world, after President Donald Trump announced a two-week ceasefire with Iran.
The timing mattered. Trump made the announcement less than 90 minutes before a deadline he had set for Iran to open the Strait of Hormuz and let oil tankers leave the Persian Gulf. The strait is the passage at the center of the market's anxiety, and the ceasefire eased tensions around it.
The reaction on Wall Street was sharp. The S&P 500 jumped 2.5%. The Dow Jones Industrial Average was up 1,126 points, or 2.4%, as of 12:30 a.m. on Thursday, and the Nasdaq composite was 2.3% higher. All three major U.S. indexes recorded substantial gains.
The move was not limited to the United States. European and Asian stock markets posted even bigger gains than the American ones, so the relief spread across the global market rather than staying in one region.
Oil told the other half of the story. Crude fell significantly, sliding back toward $90 per barrel. The phrase "back toward" is worth noting: it points to a price that had been higher while the standoff over the strait was unresolved.
The ceasefire is only two weeks long, and the reporting leaves open how the diplomacy will proceed. Alongside the announcement, Trump warned of what he called fraudsters and charlatans putting out fake terms of an Iran deal. He said that only points approved by the United States would guide the talks.
That warning is a reminder of how much is unsettled. The ceasefire has bought a short window, and the market's gains rest on it. What to watch is whether the ceasefire holds, whether tankers actually move out through the Strait of Hormuz, and whether disputes over the terms of any deal complicate the talks.
Citações Notáveis
Trump warned of 'fraudsters and charlatans' pushing fake Iran deal terms, saying only US-approved points would guide talks.— President Donald Trump
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Leia o original em The Economic Times ↗
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