Stock markets rallied worldwide and oil prices eased after the US and Iran reached a tentative deal to end their war and restore crude oil flows. - The Dow Jones Industrial Average jumped more than 500 points in early trading.
- Brent crude fell nearly 10%, trading below $70 per barrel for the first time in weeks. - The tentative deal includes a ceasefire and plans for broader peace negotiations.
- European and Asian markets closed sharply higher, with Japan's Nikkei gaining 3.2%. The agreement, while fragile, has brought cautious optimism to global markets and could ease inflationary pressures.