Wall Street Surges as Iran Signals Willingness to End War

NEW YORK — Wall Street stocks soared Tuesday after Iranian President Masoud Pezeshkian said his country had the “necessary will” to end the war with the United States and Israel, provided key conditions are met. His remarks, made in a call with the European Council president, lifted investor sentiment and sent the Dow Jones Industrial Average up 2.5 percent, or more than 1,125 points, to 46,341.51. Brent crude retreated 3.2 percent to US$103.97 a barrel, easing pressure on energy markets.

Wall Street Surges

Analysts described Pezeshkian’s statement as the first credible signal of de-escalation, though Israeli Prime Minister Benjamin Netanyahu vowed the campaign against Tehran would continue. The conflict has rattled global markets since late February, driving oil prices higher and fueling inflation. European stocks also rose despite fresh data showing eurozone inflation hit its highest level since January 2025, while Asia’s markets closed mixed amid ongoing energy concerns.

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