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FTSE 100 opens 21 points higher at 10,452 as investors cheer U.S.–Iran peace progress and lower oil prices
The FTSE 100 started the trading session 21 points higher at 10,452, as global investors welcomed fresh progress in peace discussions between the United States and Iran. The improving geopolitical outlook pushed crude oil prices lower, easing inflation concerns and lifting overall market sentiment. Lower energy costs also increased expectations that central banks may face…
Oil Prices Fall 5% After US-Iran Peace Deal, June 16
Brent crude drops 5% to $82.84 after US-Iran peace deal. Global stocks rally as Strait of Hormuz reopens.
Oil Prices Fall 5% on US-Iran Peace Deal, June 16
US-Iran peace deal sends Brent crude down 5% to $82.84/barrel as Strait of Hormuz reopens June 19, stabilizing global energy markets.
USS Gerald Ford Can’t Launch F-35C Jets, Navy Faces Retrofit Costs
USS Gerald Ford supercarrier cannot launch F-35C jets due to extreme exhaust heat, requiring costly Navy retrofit as China builds carriers faster.
S&P/NZX 50 rises 0.49% to 13,426 as New Zealand shares track Wall Street rally on US–Iran peace deal optimism
The New Zealand stock market closed higher today, showing strong global-driven momentum. The NZX 50 index rose 0.49% to 13,426, driven by stronger global market sentiment that lifted investor confidence and encouraged buying activity. We saw New Zealand shares move in line with a strong Wall Street rally, as optimism around a possible US–Iran peace…
Gas Prices Fall Below $4 as US-Iran Peace Deal Reopens Strait, June 16
US-Iran peace deal cuts oil prices 4.8% to $83.17/barrel. US gasoline drops below $4/gallon for first time since April.
Legal & General Shares Surge 13% in Three Months on Dividend Appeal, June 16
Legal & General shares surge 13% in three months with 7.8% dividend yield, becoming the most-bought stock on AJ Bell platform.
VTI Trades at $366.36 as US Market P/E Hits 26.72, June 15
VTI trades at $366.36 with US stock market P/E ratio at 26.72, above the 5-year average of 22.82.
Singapore Air Force Wins Top Awards at Red Flag Alaska, June 16
Singapore’s RSAF won three awards at Exercise Red Flag-Alaska 2026, deploying 18 fighter jets and 250+ personnel for advanced air combat readiness.