Stock markets surge tracking global rally and drop in oil prices as U.S. ends war with Iran
Global stock markets, including India's Sensex and Nifty, surged following President Donald Trump's announcement that the U.S. has ended its war with Iran. The rally was further fueled by a drop in global crude oil prices as a potential peace deal nears completion.
Why it matters
The end of a major geopolitical conflict in the Middle East significantly impacts global energy security and stabilizes international financial markets.
Benchmark indices Sensex and Nifty rebounded in early trade on Friday (June 12, 2026) and were trading sharply higher, following a rally in global markets and a drop in crude oil prices after U.S. President Donald Trump declared that his country had ended the war with Iran .
The article reports on market reactions and official statements without injecting editorial opinion, though it relies heavily on government-provided narratives.
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