mutual statements of agreement.
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Israel said it had agreed to a cease-fire early Tuesday with Iran, bringing a halt to 12 days of fighting that had raised fears of a wider war in the Middle East. Iran said it had agreed to the deal, first announced by President Trump, a few hours before Israel.
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June 24, 2025, 3:15 a.m. ET6 minutes ago
Rich Barbieri
Investors cheered the news of the cease-fire. Markets jumped in Asia, where countries need energy imports to power their economies. Stocks in South Korea surged the most at 3 percent. S&P 500 stock futures were about 1 percent higher, signaling an expected rise when trading begins in New York. The price of oil has fallen back to around where it was before Israel first attacked Iran nearly two weeks ago. (more updates)