Ibex 35 jumps on Iran deal and hits record 19,000 points
๐ฐ Euronews ยท ๐ Jun 15, 2026, 07:49 AM ยท ๐ euronews.com
AI Summary & Analysis
What happened?
The U.S.-Iran peace deal, which includes reopening the Strait of Hormuz, caused oil prices to fall, pushing Spain's Ibex 35 index to a record high above 19,000 points and lifting other European stock markets.
Why does this event matter?
The deal's impact on Strait of Hormuz access and global oil pricing directly resulted in the Ibex 35 hitting a record peak and produced broad upward movement in European equity markets.
The peace deal between the United States and Iran, which includes reopening the Strait of Hormuz, crashes oil prices and sends the Ibex 35 to a record above 19,000 points and lifts European stock markets sharply.