Markets rebound on truce

Now that a ceasefire between Israel and Iran appears to be holding, regional markets and oil prices have recovered to post-war levels.

Jack Dutton
Jack Dutton
Jun 25, 2025
A man browses his phone while sitting near a screen displaying the stock indices at the Dubai Financial Market (DFM) stock exchange in Dubai on April 7, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

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What a difference 12 days make. It has been a turbulent week in the Middle East since Israel launched a military campaign against Iran on June 13 and Tehran responded with ballistic missile and drone attacks.

Now that a ceasefire between Israel and Iran appears to be holding, regional markets and oil prices have recovered to post-war levels. On the surface, it looks like we’re back to business as usual, though the question is: How long will that last?

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