Nearly four months after the U.S. and Israel launched strikes on Iran, driving up energy costs and disrupting global commerce, the two sides are now negotiating in Switzerland over a draft memorandum that would establish a 60-day ceasefire and a framework for talks on Iran's nuclear program, sanctions relief, and the future of the Strait of Hormuz. While a lasting deal could ease the economic burden on businesses and consumers worldwide, the conflict has been enormously lucrative for defense contractors, energy companies, investment banks, and shipping firms.

Jun 26, 2026

Economy

Wall Street Rises on US-Iran Deal Easing Energy Tensions

U.S. stocks rallied on Monday after a preliminary U.S.-Iran deal sparked hopes for restored stability in the energy supply chain. The S&P 500 rose 1.7%, the Nasdaq surged 3.1%, and the Dow closed at a record high. Brent crude fell nearly 5% to its lowest since early in the conflict.

Jun 16, 2026