Fragile Ceasefire Sparks Market Rally, Oil Volatile on Hormuz Threat

Market News
1. Iran threatens to withdraw from the ceasefire agreement with the U.S. following Israeli strikes in Lebanon, while reports of attacks on Saudi and Kuwaiti oil infrastructure heighten geopolitical risk.
2. U.S. stock indices surged significantly, with the Dow Jones and S&P 500 hitting record highs, as the market reacted optimistically to the initial US-Iran ceasefire news.
3. Threats of a Strait of Hormuz closure by the Iranian navy have been reported to commercial vessels, posing a significant potential disruption to global oil supply.