US-Iran Conditional Ceasefire Eases Tensions Over Strait of Hormuz

Wall Street shares rose as the United States and Iran reached a tentative two-week ceasefire agreement. The deal focuses on the critical reopening of the Strait of Hormuz to stabilize global trade.

• Two-week conditional ceasefire established between US and Iran
• Focus on restoring traffic through the Strait of Hormuz
• Positive immediate reaction from US equity markets
• Prediction markets signal continued caution
• Energy security remains the primary driver of volatility