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Deal on ending the Iran war sends stocks soaring while oil prices fall

Rising costs hit working families hardest while Washington debates spending priorities.

Source: Wv NewsJune 15, 2026
1 min read
Deal on ending the Iran war sends stocks soaring while oil prices fall
Image via Wv News

Shares have soared in Asia after a deal was announced on ending the Iran war and reopening the Strait of Hormuz. Benchmarks in Tokyo and Seoul gained more than 5% early Monday. Oil prices fell more than $3 a barrel.

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