U.S. stock futures surged 2‑3% after US‑Iran cease‑fire deal, with Dow up 1,076 points, S&P up 168, Nasdaq up 799.
Brent crude fell over 13% to $94.85/barrel and WTI dropped 14.8% to $96.23 as Iran allowed tanker traffic through Hormuz.
Spot gold rose 2.4% to $4,818.63/oz while the dollar weakened over 1%, boosting safe‑haven demand.
Shell cut its Q1 gas production outlook, expects a $10‑15 bn working‑capital gap, and its shares fell more than 6%.