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Fortune
Fortune
Jim Edwards

Trump says Iran war is 'very complete, pretty much' sparking global stock rally

Photo: President Donald Trump (Credit: Photo by Roberto Schmidt/Getty Images)

Good morning. Here’s what’s moving markets and minds today:

  • Trump says the Iran war is “very complete, pretty much”—whatever that means.
  • Stock markets rally as the price of oil goes below $100 a barrel.
  • Almost no ships are braving the Strait of Hormuz.
  • Aramco CEO warns of “catastrophic” consequences if war doesn’t end.
  • Tehran regime survives—1,255 people did not.
  • Anthropic sues the White House and reveals $5B in revenue.
  • Average U.S. tax refund: $3,742—treat yourself.
  • China’s exports hit a record—tariffs and all.
  • Oracle earnings tonight—grab the popcorn.
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