What we know as Trump says peace deal reached with Iran ‘Ships of the World, start your engines. Let the oil flow!’ Trump wrote on Truth Social on Sunday afternoon The Independent UK · Jun 15
Stock Markets Surge and Oil Falls as US And Iran Confirm Historic Deal to End War and Reopen Strait of Hormuz Global stock markets surged after the US and Iran confirmed a peace deal to reopen the Strait of Hormuz, easing fears of prolonged energy disruption and boosting investor confidence. International Business Times UK · Jun 15
Your shampoo may be cleaning your hair, but is it treating your scalp? Most shampoos do a decent job of cleaning the hair shaft. But if you keep dealing with flakes, an itchy scalp, or that persistent oily feeling, the problem likely isn't your hair. It's what's happening underneath. The Economic Times · Jun 15
Starmer welcomes ‘breakthrough’ in ending US-Iran war US President Donald Trump said the agreement meant ‘oil will flow’ freely once again through the Strait of Hormuz, a vital shipping route. Evening Standard · Jun 15
FTSE 100 up and oil prices down after US-Iran peace deal Oil prices experienced a significant decline, with benchmark Brent crude falling over 5% to just over 82 US dollars a barrel, reaching its lowest point in more than three months, following an announcement of a peace deal between the US and Iran . The proposed agreement, announced by Donald Trump,… The Independent UK · Jun 15
UPDATE 1-UK bond yields fall to two-month low on US-Iran preliminary deal British government bond yields dropped to a two-month low on Monday. This followed a preliminary peace deal between the United States and Iran. Oil prices fell more than five percent. Two-year gilt yields dropped over eight basis points. Ten-year yields also fell. This eased fears of a wider stagflationary shock.… The Economic Times · Jun 15
Trump’s Iran war costs UK drivers £4bn in higher fuel prices Iran’s Strait of Hormuz blockade led to oil prices hitting their highest level since 2022 The Independent UK · Jun 15
US and Iran Reach Ceasefire Deal: Strait of Hormuz to Reopen Toll-Free with Signing in Switzerland on Friday The US and Iran have agreed to a ceasefire, reopening the Strait of Hormuz toll-free, easing global oil tensions, and setting the stage for future nuclear negotiations International Business Times UK · Jun 15
Oil retreat hands RBI an assist in boosting rupee's near-term outlook A U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measures to attract foreign inflows, is expected to support the currency's near-term trajectory. Analysts anticipate the rupee to appreciate as import bills decrease and investor confidence… The Economic Times · Jun 15
Ibex 35 rallies on Iran deal and hits record 19,000 points The US-Iran memorandum reopening the Strait of Hormuz sends oil prices tumbling, pushes the Ibex 35 to a record above 19,000 and lifts European bourses. Euronews · Jun 15
Why Was a Russian Oil Tanker Sailing Under Cameroon's Flag? UK Investigates Vessel Seized in English Channel British forces intercepted a suspected Russian shadow-fleet oil tanker in the English Channel, investigating its Cameroonian registration and potential links to sanctioned Russian oil exports. International Business Times UK · Jun 15
Albanese signals fuel excise cut may be extended to help motorists amid Middle East crisis Prime minister flags an announcement after deliberations of cabinet’s expenditure review committee The Guardian - AU · Jun 15
Falling crude prices shift market narrative; energy, defence and BFSI emerge as key bets: Pankaj Pandey Easing crude oil prices and moderating foreign investor selling are improving India's investment outlook. Head Research Pankaj Pandey highlights energy security and defence as long-term themes, with BFSI also positioned for a re-rating. Sectors like airlines, commercial vehicles, and shipping are expected to gain from lower fuel costs. The Economic Times · Jun 15
Afternoon Update: US and Iran reach peace deal; shark expert criticises Tony Abbott; and the Socceroos’ it-bags Trump will attend G7 Summit in France, where Macron says the deal between US and Iran will be discussed, as global oil prices tumble The Guardian - AU · Jun 15
The Economic Times · Jun 15 STOXX 600 hits record high after US-Iran preliminary peace deal Europe's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered oil prices. Auto and airline stocks led the gains, with the travel and leisure sector also hitting a new peak. Energy stocks were among the few decliners.
The Economic Times · Jun 15 Rupee may gain ground as crude prices ease and FCNR inflows rise, says Navneet Damani The Indian rupee is poised for appreciation, driven by a significant drop in crude oil prices and anticipated substantial inflows from NRI FCNR(B) deposits. Recent tax reforms are expected to attract between $50 billion and $70 billion, potentially reversing the currency's recent depreciation and pushing it towards 92-93 levels.
Evening Standard · Jun 15 FTSE 100 jumps above 10,500 points as Starmer hails 'very significant breakthrough' on Iran peace deal Cost of oil falls after months of economic chaos caused by the Middle East conflict
The Times of India · Jun 15 Russia fires 70 missiles, 611 drones at Kyiv in massive assault; Ukraine strikes fuel depot, explosives plant Russia unleashed a massive overnight aerial assault with 70 missiles and over 600 drones targeting Ukraine. Kyiv retaliated, striking a Russian oil facility and a major chemical plant. Both nations reported successful strikes on military and industrial sites, highlighting an escalating long-range warfare strategy as the conflict continues.
Evening Standard · Jun 15 Cost of Iran oil crisis to UK drivers reaches £4bn Iran’s restrictions on tankers passing through the Strait of Hormuz led to oil prices hitting their highest level since 2022.
Radio France Internationale · Jun 15 French-UK mission 'ready' to aid Hormuz reopening, says Macron France's president on Monday said that a military mission set up by Paris and Britain to help with Strait of Hormuz traffic was ready to deploy, following the announcement of an US-Iran deal to end the war in the Middle East, including in Lebanon. Israel insists it is not bound…
Evening Standard · Jun 15 Oil prices drop as Trump heralds US-Iran peace deal Benchmark Brent crude fell more then 4% to just over 83 US dollars a barrel at one stage on hopes of a reopening of the Strait of Hormuz.
The Economic Times · Jun 15 Supply recovery, not demand, will be oil market's key test: Vandana Hari Global crude oil prices have fallen significantly from wartime highs, but market expert Vandana Hari cautions against declaring victory. She anticipates a holding pattern until a formal memorandum of understanding is signed, with a gradual reopening of key energy routes expected to take months. Hari also believes demand destruction was…
The Economic Times · Jun 15 India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite India’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflict-driven pressures on crude oil and global supply chains. The government also introduced a producer price index and revised the WPI base year to 2022-23, expanding commodity coverage…
The Economic Times · Jun 15 Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead? Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falling oil prices boosted sentiment. Analysts expect lenders to lead the market rally, citing attractive valuations, RBI support measures, improving technical indicators and favourable risk-reward in major private banks.
The Guardian - UK · Jun 15 Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened Rolling coverage of the latest economic and financial news