A relief rally was spurred by Iran's agreement to a two-week ceasefire.

A relief rally was spurred by Iran's agreement to a two-week ceasefire.

Investors welcome the possible resumption of oil and gas flows through the Strait of Hormuz.

Markets are rejoicing after President Donald Trump announced a two week cease-fire with Iran and Tehran signaled a reopening of the Strait of Hormuz.

A two-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens.

Stock futures surge and oil prices plunge as the Trump administration and Tehran agree a 2-week ceasefire.

The fragile ceasefire agreement is likely to face significant challenges, analysts told CNBC, citing a significant trust deficit on both sides.