Oil down 6%, Japan & Korea stocks add ₹71.78 lakh cr wealth in hours after US-Iran peace deal

Crude oil prices dipped to a two-month low following the US-Iran peace deal's announcement after the 107-day war. Brent crude fell nearly 5% to $83/barrel, and WTI crude fell nearly 6% to $80/barrel. Asian stocks skyrocketed, with Japan's Nikkei and South Korea's KOSPI adding ¥77.22 trillion (₹45.75 lakh crore) and ₩416.10 trillion (₹26.03 lakh crore) to investor wealth within hours.