Oil prices drop and stock futures jump as US and Iran agree to a 2-week ceasefire
Middle East,Oil Prices,Oil,Iran,Strait of Hormuz,Stock Market
From the Right
AllSides Media Bias Rating: Right
After President Donald Trump agreed to a two-week ceasefire on Tuesday evening, oil prices plunged, and U.S. stock futures increased. Futures for the S&P 500 rose to 2.2% as of 8 p.m. EST, and the Dow futures rose by 930 points.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
US National Debt Surpasses $40 Trillion, Renewing Debate Over Fiscal Outlook
August 20th, 2026
Headline Roundup
Does America Have a Buy Now, Pay Later Problem?
August 18th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
August 13th, 2026
Story of the Week
Affordability in America
AllSides Staff
August 13th, 2026
More News about Economy and Jobs
News from the Left
News from the Center
News from the Right
Trump fires back at Canada after Carney suspends trade talks, accuses US of last-minute 'power play'
Fox Business
Affordability is a 'defining challenge' for Americans, with food costs leading the way, report finds
CNBC