{"id":15005,"date":"2026-06-15T11:31:31","date_gmt":"2026-06-15T11:31:31","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=15005"},"modified":"2026-06-15T11:31:31","modified_gmt":"2026-06-15T11:31:31","slug":"tentative-deal-on-ending-the-iran-war-sends-stocks-soaring-while-oil-prices-fall","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=15005","title":{"rendered":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall"},"content":{"rendered":"
\n

By ELAINE KURTENBACH, AP Business Writer<\/strong><\/p>\n

BANGKOK (AP) \u2014 World share prices soared Monday after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz, while oil prices fell more than $4 a barrel.<\/p>\n

Read more Sweden routs Tunisia to move atop World Cup Group F<\/a><\/p>\n

The future for the S&P 500 was up 1.2% and that for the Dow Jones Industrial Average gained 0.9%, auguring likely early gains for Wall Street.<\/p>\n

In early European trading, Germany\u2019s DAX advanced 1.3% to 24,942.12, while the CAC 40 in Paris added 1.1% to 8,444.00.<\/p>\n

Britain\u2019s FTSE 100 gained 0.2% to 10,496.56.<\/p>\n

After repeated false starts, investors were betting that this time, the war might end. President Donald Trump confirmed the initial agreement and authorized an end to the U.S. naval blockade of Iranian ports.<\/p>\n

Iran confirmed it but signaled that implementation would not start until a signing that Pakistan said would be held Friday in Switzerland. Broader negotiations on issues like Iran\u2019s nuclear program are expected to continue over the next 60 days.<\/p>\n

In early trading Monday, the price of Brent crude oil, the international standard, fell $4.37 to $82.96 per barrel. U.S. benchmark crude lost $4.53 to $80.35 per barrel.<\/p>\n

\n<\/div>\n

It may take months for oil prices to stabilize after the disruptions from the war caused them to surge, pushing costs up for gasoline and many other products. Energy experts said shipping and insurance companies will want to be confident the pact will hold, ensuring that oil and gas supplies will flow freely enough for the world\u2019s needs to be met.<\/p>\n

\u201cThe reopening of Hormuz is a relief valve, not a full peace dividend. The market can remove some crude panic, but it still has to price the gap between a headline, a signature, and a regime that actually complies,\u201d Stephen Innes of SPI Asset Management said in a report.<\/p>\n

Still, the news was a huge relief for markets that have been roiled since the conflict began in late February.<\/p>\n

Stocks rallied in Asia, where Tokyo\u2019s Nikkei 225 gained 5% to 69,317.50 as the benchmark logged another record high.<\/p>\n

Read more Gold Phoenix wins San Juan Capistrano Stakes by 5 lengths<\/a><\/p>\n

\n<\/div>\n

Buying was heaviest for technology shares, especially those related to artificial intelligence. The boom in AI has been driving gains in Japan, where the benchmark has gained more than 80% in the last year.<\/p>\n

\u201cThis is great news,\u201d said Takashi Hiroki, chief strategist at Monex. \u201cBuying by foreign investors is leading the market with expectations of easing tensions around the situation in the Middle East. Then the decline in New York crude oil futures is supporting this positive market.\u201d<\/p>\n

The Kospi in Seoul surged 5.2% to 8,545.98.<\/p>\n

In Hong Kong, the Hang Seng gained 0.5% to 24,842.67, while the Shanghai Composite index was up 1.6% to 4,096.47.<\/p>\n

Australia\u2019s S&P\/ASX 200 advanced 1.3% to 8,922.90. Taiwan\u2019s Taiex was up 2.8%, and the Sensex in India rose 1.2%.<\/p>\n

On Friday, U.S. stocks advanced as Musk\u2019s SpaceX soared in its highly anticipated debut on Wall Street.<\/p>\n

The strong start suggested plenty of demand still exists among investors for AI after SpaceX stock leaped 19.2% in its first day of trading. That gave Elon Musk\u2019s rocket company a total value of $2.1 trillion, making it bigger than Exxon Mobil, Bank of America and Coca-Cola combined. In addition to building rockets, SpaceX also owns the artificial intelligence company xAI.<\/p>\n

The S&P 500 added 0.5% to close out its 10th winning week in the last 11. The Dow industrials climbed 353 points, or 0.7%, and the Nasdaq composite gained 0.3%.<\/p>\n

This week will bring interest rate decisions from the Federal Reserve and Bank of England, on Thursday. On Tuesday, the Bank of Japan is due to announce its monetary policy updates. It is widely expected to raise its benchmark interest rate to 1% from the current 0.75%.<\/p>\n

That would be the highest rate in more than 30 years.<\/p>\n

In other dealings early Monday, the dollar slipped to 160.10 Japanese yen from 160.12 yen late Friday. The euro climbed to $1.1611 from $1.1578.<\/p>\n

Read more Amad Diallo lifts Ivory Coast past Ecuador in World Cup return<\/a><\/p>\n

Senior producer Mayuko Ono in Tokyo contributed to this report.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shares have soared in Europe and Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.<\/p>\n","protected":false},"author":1,"featured_media":15004,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,2],"tags":[],"class_list":["post-15005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-based-on-facts-either-observed-and-verified-directly-by-the-reporter-or-reported-and-verified-from-knowledgeable-sources","category-news"],"yoast_head":"\nTentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=15005\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post\" \/>\n<meta property=\"og:description\" content=\"Shares have soared in Europe and Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/siliconvalleymovingpost.com\/?p=15005\" \/>\n<meta property=\"og:site_name\" content=\"Silicon Valley Moving Post\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-15T11:31:31+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\"},\"headline\":\"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall\",\"datePublished\":\"2026-06-15T11:31:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005\"},\"wordCount\":689,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/fc0093cc44ae19ed8b5d103b2e7c656b.webp\",\"articleSection\":[\"Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005\",\"name\":\"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/fc0093cc44ae19ed8b5d103b2e7c656b.webp\",\"datePublished\":\"2026-06-15T11:31:31+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#primaryimage\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/fc0093cc44ae19ed8b5d103b2e7c656b.webp\",\"contentUrl\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/fc0093cc44ae19ed8b5d103b2e7c656b.webp\",\"width\":1024,\"height\":682},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?p=15005#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#website\",\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/\",\"name\":\"Silicon Valley Moving Post\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/#\\\/schema\\\/person\\\/636e2e5a10a21cf87fe6eb5951e8a6b7\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/siliconvalleymovingpost.com\"],\"url\":\"https:\\\/\\\/siliconvalleymovingpost.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/siliconvalleymovingpost.com\/?p=15005","og_locale":"en_US","og_type":"article","og_title":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post","og_description":"Shares have soared in Europe and Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.","og_url":"https:\/\/siliconvalleymovingpost.com\/?p=15005","og_site_name":"Silicon Valley Moving Post","article_published_time":"2026-06-15T11:31:31+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#article","isPartOf":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005"},"author":{"name":"admin","@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7"},"headline":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall","datePublished":"2026-06-15T11:31:31+00:00","mainEntityOfPage":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005"},"wordCount":689,"commentCount":0,"image":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#primaryimage"},"thumbnailUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/06\/fc0093cc44ae19ed8b5d103b2e7c656b.webp","articleSection":["Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/siliconvalleymovingpost.com\/?p=15005#respond"]}]},{"@type":"WebPage","@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005","url":"https:\/\/siliconvalleymovingpost.com\/?p=15005","name":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall - Silicon Valley Moving Post","isPartOf":{"@id":"https:\/\/siliconvalleymovingpost.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#primaryimage"},"image":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#primaryimage"},"thumbnailUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/06\/fc0093cc44ae19ed8b5d103b2e7c656b.webp","datePublished":"2026-06-15T11:31:31+00:00","author":{"@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7"},"breadcrumb":{"@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/siliconvalleymovingpost.com\/?p=15005"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#primaryimage","url":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/06\/fc0093cc44ae19ed8b5d103b2e7c656b.webp","contentUrl":"https:\/\/siliconvalleymovingpost.com\/wp-content\/uploads\/2026\/06\/fc0093cc44ae19ed8b5d103b2e7c656b.webp","width":1024,"height":682},{"@type":"BreadcrumbList","@id":"https:\/\/siliconvalleymovingpost.com\/?p=15005#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/siliconvalleymovingpost.com\/"},{"@type":"ListItem","position":2,"name":"Tentative deal on ending the Iran war sends stocks soaring while oil prices fall"}]},{"@type":"WebSite","@id":"https:\/\/siliconvalleymovingpost.com\/#website","url":"https:\/\/siliconvalleymovingpost.com\/","name":"Silicon Valley Moving Post","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/siliconvalleymovingpost.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/siliconvalleymovingpost.com\/#\/schema\/person\/636e2e5a10a21cf87fe6eb5951e8a6b7","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/siliconvalleymovingpost.com"],"url":"https:\/\/siliconvalleymovingpost.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts\/15005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15005"}],"version-history":[{"count":0,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/posts\/15005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=\/wp\/v2\/media\/15004"}],"wp:attachment":[{"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/siliconvalleymovingpost.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}