Particle.news

Oil Surges as U.S.–Iran Standoff Reopens Market Risks

A looming ceasefire deadline keeps investors focused on oil supply risks.

Overview

  • Global crude jumped roughly 6% to 7% Monday after Iran re‑closed the Strait of Hormuz and the U.S. reported seizing an Iranian‑flagged cargo ship in the Gulf of Oman.
  • U.S. stocks slipped Monday as tensions rose, with the S&P 500 down 0.24% and the Nasdaq off 0.26%, ending a 13‑day win streak, while energy shares gained and volatility picked up.
  • Early Tuesday in Asia, equities rebounded on reports Iran may consider talks in Pakistan, with South Korea’s KOSPI hitting record territory and Japan’s Nikkei advancing as oil eased slightly.
  • Pakistan’s KSE‑100 swung sharply and closed about 1% lower Monday, and India’s Sensex and Nifty finished near flat after wild intraday moves as higher oil and unclear diplomacy weighed on sentiment.
  • The temporary U.S.–Iran ceasefire is set to expire Tuesday evening Washington time, with President Donald Trump warning of heavy strikes if talks fail and Iranian officials signaling no firm plans to attend Pakistan‑hosted negotiations.