Global Markets Rally as Trump Signals Iran War Nearing End

Financial markets around the world have shown positive reactions after Donald Trump announced that the war against Iran is close to ending.

In a recent interview, the United States president said that the conflict with Iran is nearing completion, claiming that Iran’s naval, air, and military capabilities have been largely destroyed and that the war is “largely complete.”

Following the announcement, global oil prices dropped significantly, with prices falling by about **8 percent**. Brent Crude Oil declined to around **$90 per barrel** after the drop.

Stock markets worldwide also reacted positively. In Pakistan Stock Exchange, trading started on a strong note as the KSE‑100 Index surged **9,728 points** to reach **156,209** during early trading.

Meanwhile, the KSE‑30 Index rose by **6.7 percent**, prompting a **45-minute trading halt** due to market regulations. At the time trading was suspended, the KSE-100 Index was up **9,303 points** at **155,783**.

Asian markets also recorded gains at the start of trading. The Hong Kong Stock Exchange rose by **1.2 percent**, South Korea’s Korea Exchange jumped **6.2 percent**, while Japan’s Tokyo Stock Exchange gained **3.2 percent**.