Asian Stocks Steady, Oil Prices Dip on US-Iran Interim Peace Deal

Asian stocks traded steadily and oil prices declined on June 18, 2026, as investors reacted to an interim peace deal signed by the U.S. and Iranian presidents. The agreement aims to de-escalate ongoing tensions in the Middle East. The signing of the deal on June 18, 2026, prompted market participants to assess potential progress toward regional stability. Despite the diplomatic breakthrough, analysts noted lingering uncertainties surrounding the long-term implications of the agreement.