Stocks Shrug Off Iran Risk as Oil Rises; Divergence Signals Split Market Bet

📉 MARKETS — Equities shrug off Iran; oil climbs. Two markets, two bets. 📌 LOOK CLOSER: Stocks and oil are pricing opposite outcomes: equities bet on MOU resolution, crude bets on disruption persisting. If equities are right, Tehran's sanctions-relief incentive shrinks as risk appetite recovers. If oil is right, Washington's domestic inflation argument — its sharpest lever — weakens just as Araghchi's counter-amendments land.