Deal on ending the Iran war sends stocks soaring while oil prices fall (opens original article in a new tab)

Stocks in Asia surged after a deal to end the Iran war was announced, while oil prices fell.

• Share prices in Asia rose over 5% following a deal to end the Iran war and reopen the Strait of Hormuz.
• Oil prices dropped more than $3 a barrel as the conflict's end was announced.
• U.S. stock futures increased, with S&P 500 up 1% and Dow Jones up 0.8%.