Stock markets soar, oil falls as US, Iran confirm deal to end war

Image for article Stock markets soar, oil falls as US, Iran confirm deal to end war
News Source : Al Jazeera English

News Summary

  • Japan's Nikkei 225 benchmark index soared 5.5 percent in morning trading.
  • South Korea's Kospi jumped as much as 5.7 percent.
  • Futures for US stocks, which are traded outside of regular market hours, also climbed.
  • Brent crude, the primary benchmark for global oil prices, fell about 4.5% to below $83.40 per barrel.
  • US President Donald Trump announced the completion of a “deal” with Iran in a social media post on Sunday.
Asias major stock markets are surging following the announcement of a deal between Washington and Tehran to end the USIsrael war on Iran. Japans Nikkei 225 benchmark index surged 4.

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