Markets rallied Tuesday on President Trump's assertion that U.S. strikes on Iran would end within "two weeks, maybe three," sparking cautious optimism. Brent crude briefly fell below $100 per barrel, while S&P 500 and Nasdaq futures rose. Secretary of State Marco Rubio suggested Washington was nearing its goal of preventing Tehran from building a nuclear weapon, stating, "We can see the finish line." Yet global leaders warn of prolonged consequences from the conflict and a sudden U.S. withdrawal.

Aviation faces the most acute commercial crisis. Jet fuel prices in Asia and Oceania have more than doubled to $208 a barrel over the past month, forcing airlines to cut flights and raise surcharges. Thailand rationed fuel, the Philippines declared an energy emergency, and Europe may see shortages by next month if the Strait of Hormuz remains disrupted. United Airlines' CEO Scott Kirby stated carriers must raise prices to cope, with Cathay Pacific already hiking surcharges.

Other business developments unfolded amid the turmoil. OpenAI added $3 billion to its funding round, bringing total new capital to $12 billion. Nike shares dropped over 9% premarket after a weak sales outlook cited Middle East struggles and a China slowdown. Warren Buffett told CNBC he hasn't spoken to Bill Gates since the Epstein files review, declining to comment on their friendship. Apple's 50th anniversary highlighted the iPhone's $2.2 trillion in cumulative revenue since 2007, a stark contrast to the current geopolitical volatility.