Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. Oil prices plummeted on the news, with Brent crude falling significantly. This development offers relief to central banks worldwide ahead of key policy meetings this week.

(Bloomberg) -- US equity futures climbed, oil slumped and the dollar fell after President Donald Trump and Pakistani mediators said the US and Iran had reached a peace agreement…

SYDNEY: Share markets surged in Asia on Monday (Jun 15) while the dollar slipped and oil prices slid as news that the United States had agreed to a peace deal with Iran boosted…

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. Oil prices plummeted on the news, with…

Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions