Markets cheer deal but see oil staying elevated - Reuters

<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxQekFXV000NkZNcENYOUdVVmtPaUhVUWxmbF80U3R2VkQ0UWt2RFJIc2hDUkhZVjc3bGs2WU05WnJueVFWUEt3akdNTWVrakVPb3lMQ1NrcjI2Q3Q5NDZlaFFaZzdCWE80Q0RDaDJKemRWSkxFcFJKRTg3NVAzT01LZGQtVkphVEprcEtZWTNQWk1Qbms3aFB4c0ZSTi1PaExv?oc=5" target="_blank">Markets cheer deal but see oil staying elevated</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Following the U.S.-Iran peace deal, markets responded positively with rallies in stocks and bonds and a weaker dollar. However, analysts express caution, indicating that oil prices may remain high due to infrastructure damage and the time needed for full production resumption.

Stocks and bonds rallied, and the dollar fell in Asia trade after the U.S. and Iran agreed on a peace deal to reopen the Strait of Hormuz and lift a U.S. blockade on Iran. However, analysts suggest that oil prices may remain elevated due to infrastructure damage and the time required for full production resumption.

Oil prices declined by over 4% following the announcement of a peace deal between the U.S. and Iran, leading to the reopening of the Strait of Hormuz. Despite the positive news, concerns about the time required for full production resumption and potential infrastructure damage keep oil prices elevated.

Stocks and bonds rallied, and the dollar fell in Asia trade after the U.S. and Iran agreed on a peace deal to reopen the Strait of Hormuz and lift a U.S. blockade on Iran. However, analysts suggest that oil prices may remain elevated due to infrastructure damage and the time required for full production resumption.

Following the U.S.-Iran peace deal, markets responded positively with rallies in stocks and bonds and a weaker dollar. However, analysts express caution, indicating that oil prices may remain high due to infrastructure damage and the time needed for full production resumption.