Stocks hit record on hopes of US-Iran peace deal, but doubts lift oil

Mihaela Păun

NEW YORK, April 16 : Global stocks rose to a record on Thursday as the prospect of a ceasefire between Israel and Lebanon boosted sentiment, but concerns over the likelihood of a deal to loosen the chokehold on Middle Eastern energy supplies boosted oil prices. U.S. President Donald Trump announced that Lebanon and Israel had agreed on a 10-day ceasefire and said the next meeting between the United States and Iran may take place over the weekend. Israel has been waging a parallel campaign

Tag-uri: Donald Trump

Stocks hit record on hopes of US-Iran peace deal, but doubts lift oil https://www.channelnewsasia.com/ - 16.04.2026 23:25

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Stocks hit record on hopes of US-Iran peace deal, but doubts lift oil https://www.channelnewsasia.com/ - 16.04.2026 23:25