Nasdaq Futures Climb 0.89% as Brent Drops Below $99 on Iran Deal Hopes
Updated
Updated · Reuters · May 25
Nasdaq Futures Climb 0.89% as Brent Drops Below $99 on Iran Deal Hopes
11 articles · Updated · Reuters · May 25
Nasdaq futures rose 0.89% and S&P futures gained 0.6% on Monday, while Brent crude slid more than 4% to $98.83 and the dollar weakened as traders priced in a possible Iran war settlement.
Trump tempered that optimism, saying on Sunday he had told negotiators not to rush into any deal, a day after saying Washington and Tehran had largely negotiated a memorandum of understanding.
The Strait of Hormuz remains the key uncertainty because Tehran's effective shutdown disrupted a route that previously carried one-fifth of global oil and LNG shipments.
Analysts said risk assets may keep recovering, but a bigger rally likely depends on confirmation of when the strait will reopen and how quickly damaged energy infrastructure can return to pre-war output.
How are businesses hedging against the 'go, stop, go' negotiation style that could suddenly reverse market optimism?
Beyond the immediate price drop, how will reopening the Strait of Hormuz permanently alter global inflation and supply chains?
With markets rallying on a potential deal, could Iran's claim to control the Strait ultimately shatter the fragile peace?
Global Oil Supply Crisis: Market Volatility and Economic Risks Amid 10 Million Barrel/Day Loss from Hormuz Disruption (May 2026)
Overview
As of May 24, 2026, diplomatic efforts between the U.S. and Iran are at the center of global attention, with President Trump sending a high-level team to Islamabad for talks. These negotiations are crucial as the Strait of Hormuz, a vital waterway for global energy, remains under close watch by markets due to its history of tension and recent U.S. threats of blockade. The ongoing discussions and the strategic importance of the Strait highlight how geopolitical moves directly influence market stability and energy security, making the situation highly sensitive and impactful for the world economy.