Global markets found firmer footing after former President Donald Trump pledged not to strike Iran before the midterm elections.
The statement eased fears of an immediate military conflict that could disrupt energy supplies and trade routes.
Investors responded by moving back into riskier assets, lifting equity futures and trimming safe-haven positions.
Nasdaq futures jumped, signaling strong demand for technology and growth shares ahead of the opening bell.
Brent crude slipped as the reduced threat of supply disruptions removed a key source of upward pressure on oil prices.
The pullback in crude offered relief to airlines, manufacturers, and consumers facing elevated fuel costs.
Trading remained volatile, with investors watching for further comments from political and military officials.
Analysts cautioned that the situation remains fluid and that markets could reverse course quickly if tensions rise again.
For now, the mood has shifted toward cautious optimism, supported by easing geopolitical risk and steady corporate earnings.
