Markets cheer U.S.-Iran agreement, but some investors caution deal is yet to be signed

Markets cheer U.S.-Iran agreement, but some investors caution deal is yet to be signed

US and Iran peace deal sends oil down 4–5% and Asian equities surging (Kospi +5.1%, Nikkei +3.6%) as geopolitical risk premium unwinds from the Strait of Hormuz reopening. Lower energy eases inflation pressure on central banks during a critical policy week, though the unsigned deal and June 19 deadline carry implementation risk.