iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Ahead of US President Donald Trump’s 8:00 PM Eastern Time deadline today for a peace deal in Iran, Trump has insisted that the Strait of Hormuz must be part of any agreement to end the war. If a deal is not reached, the US military could target key Iranian infrastructure.

Oil prices surged while global financial markets fell after President Trump warned the US could strike Iran “extremely hard” within weeks, dampening hopes for a quick resolution to the ongoing Middle East conflict. Brent crude jumped 6.6% to nearly $108 per barrel as the Strait of Hormuz remained effectively closed, tightening supply.

Asian markets staged a sharp rebound, with stocks posting their biggest gain in a year and bonds extending their rally, as investors grew optimistic that the US–Iran conflict may soon de-escalate. The surge followed comments from President Donald Trump suggesting the war could end within weeks, boosting global risk appetite. Asian equities jumped 4.7% after a prolonged slump...