# UBS On-Air: Paul Donovan Daily Audio 'Rise and fall'

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-rise-and-fall
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-rise-and-fall.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-06-15T06:58:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260615-rise-and-fall.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260615-rise-and-fall.mp3
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JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/ubs-on-air-paul-donovan-daily-audio-rise-and-fall
Duration seconds: 168

## Resource

The announcement of an Iran-US deal (to be signed on Friday) has supported risk markets and allowed oil prices to fall moderately. The deal comes before strategic petroleum reserves were exhausted, limiting the economic damage from the war. Iran will not toll shipping through Hormuz for 60 days—after that it is not clear, but tolls are not likely to be a major economic cost.

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## Transcript

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