US Stock Markets Rise as Crude Oil Prices Fall Following Iran Conflict Developments

10 Chaitra, Kathmandu – Relief signs emerged in global markets on Monday evening after the escalation of the conflict between the US, Israel, and Iran sparked concerns worldwide.

US President Donald Trump announced updates on ongoing negotiations with Iran via social media, raising hopes not only for a de-escalation of the conflict but also for a positive impact on the global economy. However, Iran has made it clear that no direct talks have taken place with the US.

Following Trump’s message, significant gains were recorded in the US stock markets. Monday saw sharp movements on Wall Street, with the S&P 500 index—which tracks shares of 500 major US companies—as well as the Nasdaq index, which heavily features technology firms, all closing higher, indicating a broadly positive market sentiment.

Despite the optimism, Iran’s outright denial of direct negotiations kept the market rise somewhat restrained.

In Nepal, the stock market experienced fluctuations throughout Monday but ultimately ended on a positive note. The NEPSE index increased by 5.01 points.

Meanwhile, neighboring India’s stock market closed with substantial losses; however, by evening, the India-linked futures index ‘GIFT Nifty’ demonstrated a remarkable increase of approximately 900 points (4%). On Tuesday morning, it saw an additional rise of around 2%, which is being interpreted as a positive market signal.

Decline in Crude Oil Prices

Following President Trump’s announcement of positive talks with Iran and a decision to postpone military action for five days, international crude oil prices saw a sharp decline.

The price of Brent crude oil, which had previously exceeded $114 per barrel, dropped by 11–13%, falling below $100 per barrel before partially recovering.

This decrease is being viewed as a positive indicator for global markets.