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Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape

https://www.nytimes.com/by/the-new-york-times· ·4 min read · 0 reactions · 0 comments · 32 views
#falls#stocks#rise#trump#signals
Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape
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Trump had threatened a third straight day of strikes on Iran before canceling the operation later in the day, saying that an agreement was close. Data is delayed at least 15 minutes.Source: FactSet.The New York TimesGlobal stocks surge, as U.S. traders await a mega I.P.O.The S&P 500 rose 0.5 percent on Friday, capping a choppy week for the index, up 0.6 percent over the past five trading days. SpaceX, which started trading late Friday morning, jumped roughly 20 percent to $161.11 a share.Stocks in Asia, where countries import vast quantities of oil and gas, were higher across the board.

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NYT > Top Stories · https://www.nytimes.com/by/the-new-york-times
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Original publisherNYT > Top Stories
Canonical URLhttps://www.nytimes.com/2026/06/11/business/oil-gas-price-iran.html
Publication timeFri, 12 Jun 2026 03:48:24 +0000
Retrieval time2026-06-12T04:46:57.775Z
Last seen2026-06-12T04:46:57.775Z
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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

#masthead-section-label, #masthead-bar-one { display: none }War in the Middle EastU.S.-Iran TalksWhat Are the Issues?Clashes in LebanonStrait of HormuzAdvertisementSKIP ADVERTISEMENTSupported bySKIP ADVERTISEMENTOil Tumbles and Stocks Jump on Signs of a Peace Deal With DealBy The New York TimesJune 11, 2026Listen · 3:19 min Share full articleOil prices plunged to their lowest level in weeks and stocks rallied on Friday after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could come as soon as this weekend.The gains in global stock markets followed a strong rally on Wall Street on Thursday, as investors were hopeful of a deal and awaited SpaceX’s I.P.O., which shot up 20 percent from its I.P.O.

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