Global stock markets experienced a significant surge following President Trump’s decision to halt planned military strikes against Iran. The announcement came amid escalating tensions following recent attacks on oil tankers and the downing of a US drone. Wall Street and Asian markets led the gains, fueled by renewed optimism for de-escalation in the Middle East. Investors had previously priced in the risk of conflict, and the averted military action prompted a wave of buying. The rally reflects a perceived reduction in geopolitical risk and a potential opening for diplomatic solutions. While the situation remains volatile, the immediate threat of military confrontation appears to have diminished, boosting investor confidence. The move also followed statements from the US administration indicating a willingness to negotiate with Iran.