U.S.-Iran ceasefire relief rally lifts global assets as oil plunges below $100

A newly announced two-week ceasefire between the U.S. and Iran triggered a broad relief rally across global markets, causing oil prices to plunge below $100 a barrel. The de-escalation of geopolitical tensions lifted risk assets broadly while also buoying traditional safe-haven investments.

For investors, this matters because the ceasefire alleviates a major near-term supply shock risk. Lower energy costs can help ease persistent inflationary pressures and stabilize corporate earnings outlooks that were previously threatened by elevated oil prices.