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The Independent UK

National

Elaine Kurtenbach

World shares rally after Trump announces what appears to be a shaky Israeli-Iran ceasefire

Donald Trump Israel Iran United States Oil Elon Musk US Federal Reserve Novo Nordisk Tesla Inc.

Japan Financial Markets - (Copyright 2025 The Associated Press. All rights reserved)

Stocks rallied and oil prices fell on Tuesday after U.S. President Donald Trump announced what appears to be a shaky ceasefire in the Israel-Iran war.

A tentative truce proposed by Trump remained uncertain after Israel said Iran had launched missiles into its airspace less than three hours after the ceasefire went into effect. It vowed to retaliate.

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