Tentative ceasefire between Israel and Iran may have just staved off potential ‘stagflationary shock’ akin to Russia’s Ukraine invasion

Why did Tesla's stock surge after robotaxi launch? How will Iran-Israel ceasefire impact oil prices? What caused Kroger to announce 60 store closures? Why is the Fed considering interest rate cuts in July? How did US strikes on Iran affect global markets? Why is Goldman Sachs expanding AI assistant usage? What are the effects of Iran threatening Strait of Hormuz?

Tentative ceasefire between Israel and Iran may have just staved off potential ‘stagflationary shock’ akin to Russia’s Ukraine invasion

fortune.com/2025/06/23/iran-strait-of-hormuz-trump-stagflationary-oil-inflation-russias-ukraine-invasion-fed-prices-tariffs

President Donald Trump just announced a ceasefire between the Middle Eastern countries—potentially quelling oil market fears of Iran’s plans to close the Strait of Hormuz, a critical waterway to global oil trade. An analyst says even a slight disruption on the strait could shock a U.S.…

This story appeared on fortune.com, 2025-06-23 23:59:04.