Oil tumbles, stocks surge after US-Iran peace deal | Reuters Morning Bid

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A U.S.-Iran peace framework sends oil down around 4% and lifts equity futures, but analysts caution that physical supply disruptions, insurance costs, and unresolved leverage questions mean relief for energy markets could be slow to materialize. The deal lands just as central banks in Washington, Tokyo, and London prepare for a busy week of rate decisions.

Today's recommended read: https://www.reuters.com/commentary/reuters-open-interest/fragile-iran-deal-offers-oil-relief-hormuz-risks-remain-2026-06-14/

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