Stock markets hit record high, oil prices tumbling down": Trump post Iran deal

Stock markets reached records and oil prices declined after the Iran accord, as President Trump highlighted the milestone in a Truth Social post. The report cites mixed global equity performance, with Asia rallying amid broader market jitters and U.S. futures higher as crude prices fell. CNN reported that the 14-point Islamabad Memorandum of Understanding between the United States and Iran aims to end hostilities, reopen the Strait of Hormuz, and launch a 60-day process of negotiations toward a final agreement. A senior administration official described the framework as a pathway for phased relief tied to Tehran’s compliance, while Iran’s Foreign Ministry confirmed the document’s finalization and signings involving Oman and other stakeholders.