Rubio Says ‘Solid' Iran-U.S. Deal Could Happen ‘Maybe Today' As Global Markets Rise
U.S. Secretary of State Marco Rubio said on May 25, 2026 a ‘‘solid’’ Iran‑U.S. deal could be imminent, comments that lifted risk appetite across Asia and Europe. Optimism about a potential end to the Iran war and reopening of the Strait of Hormuz sent major Asian and European equity benchmarks higher (notably Japan’s Nikkei 225), while oil prices plunged as geopolitical risk eased. With U.S. markets closed for Memorial Day, traders in Asia and Europe pushed benchmarks up by roughly 1%–3% intraday. The move reflects a shift toward risk‑on positioning for equities and lower prices for crude futures on reduced supply‑disruption fears.