Oil prices fell and stocks climbed in early trading on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average surged 415 points, or 1%, erasing much of the losses suffered on Friday as back-and-forth strikes broke out between the two countries.

The U.S. commander in chief again urged the Islamic republic to reach an agreement “before it’s too late.” Trump’s comments during the gathering of world leaders came shortly before Israel’s ambassador to the U.S. laid out what it would take from Tehran for his government to end its strikes on what he dubbed “the head of the snake.”