US-Iran Deal: Wall Street Celebrates While Tel Aviv Panics

On June 18, the US and Iran decided to hit pause on military actions and chat for 60 days. While Wall Street threw a party, Tel Aviv’s stock market crashed, especially banks and energy stocks. Investors were left scratching their heads as their hopes for a weaker Iran fizzled out. The US is lifting its naval blockade, but the oil flow recovery looks like a bumpy ride ahead.