Stock futures jump, oil prices fall as Trump says U.S. has reached peace deal with Iran (opens original article in a new tab)

Trump says U.S. has reached peace deal with Iran, ending months of hostilities that shut the Strait of Hormuz and sent the global economy into an oil shock.

• Trump claims U.S. and Iran reached a peace deal
• Deal ends months of hostilities
• Strait of Hormuz closure and oil shock ended