Oil prices eased Monday as President Donald Trump announced that he was holding off on new military strikes against Iran, calming Wall Street’s concerns that inflation could get worse. Because Treasury yields jumped during the war with Iran, higher borrowing costs for households and businesses were threatening to drag down stock prices and slow the economy. The drop in oil prices on Monday helped drive up stocks for airlines and heavy fuel consumers, with United Airlines shares climbing 6.7%, while American Airlines rose 6.4%. It joins a growing list of major U.S. companies beating profit estimates, which is critical for Wall Street as stock prices tend to follow corporate earnings trends over the long term. The fluctuations for AI stocks have been most evidently reflected in South Korea, where its Kospi index is dominated by two tech companies, Samsung Electronics and SK Hynix.