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The Latest Breaking News from the Strait of Hormuz

Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal framework

Crude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and reopen the Strait of Hormuz. This development brings relief to global oil shipments, though analysts advise caution regarding the timeline for full normalization.

The Economic Times

Trump's Iran agreement resets the mood ahead of a tense G7 gathering

President Trump attends the G7 summit in France after announcing a deal to end the U.S. and Israel's war with Iran. This agreement aims to reopen the Strait of Hormuz and boost global oil flow. The deal could reshape discussions with world leaders, including those critical of his handling of…

The Economic Times

Iran-US war latest: Vance says deal text may be released early as Netanyahu warns he and Trump ‘don’t see eye to eye’

A White House official said Trump’s Iran deal does not include Israel’s conditional withdrawal from Lebanon amid its conflict with Hezbollah

The Independent UK

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IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentiment

Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in…

The Economic Times

Kospi jumps 6% as US-Iran peace deal triggers super surge; index up over 100% YTD

South Korean stocks jumped 6% on Monday as easing geopolitical tensions lifted global risk sentiment after the US and Iran reached an initial agreement to end their nearly four-month conflict and restore shipping through the Strait of Hormuz. The KOSPI is now up more than 100% in 2026, led by…

The Economic Times

Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is announced, concerns about safety, mines, and Iranian actions persist, leaving hundreds of vessels stranded and global energy trade in limbo.

The Economic Times

Global leaders react to announcement of US-Iran deal

Leaders around the world have welcomed the announcement the US and Iran have reached a tentative agreement to end hostilities after more than 100 days of war.

AAP

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Trump says US-Iran deal will keep Strait of Hormuz 'permanently toll-free'; nuclear talks set for Friday in Switzerland

A significant deal is struck between the US and Iran. President Donald Trump confirms an agreement to keep the Strait of Hormuz open without tolls. He also warns of military action if a nuclear accord is not finalized. This development follows months of complex negotiations and a recent ceasefire.

The Economic Times

Tentative deal on ending the Iran war sends stocks soaring while oil prices fall

Shares have soared in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz

AAP

Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce deal

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected to lower freight costs, ease inflationary pressures, and stabilize global energy markets, benefiting key sectors and policymakers.

The Economic Times

What do we know about the US-Iran peace deal – and what questions remain?

Access to the strait of Hormuz and the future of Iran’s nuclear program are among the issues that remain unclear amid a lack of detail on the agreement

The Guardian - AU

Trump leaves the hard part for later in long-awaited Iran deal

America and Iran have reached a preliminary agreement to stop their conflict and reopen the Strait of Hormuz. A 60-day period is now set for further talks on Iran's nuclear program. Many issues remain unresolved, raising doubts about a lasting peace. The deal faces skepticism from various sides.

The Economic Times

Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?

Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4.01, or 4.72%, to $80.87. Both benchmarks had already fallen more than 3% on Friday.

The Economic Times

Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopes

An LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United States and Iran. The waterway's reopening is crucial for global energy supplies. India, a major importer, anticipates relief. Traders and shipowners are closely monitoring the situation for a…

The Economic Times

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France 24

US and Iran agree to 'immediate' end of military operations in memorandum of understanding

US and Iran agreed to an “immediate and permanent” end to military operations under a surprise memorandum of understanding announced via mediator Pakistan on Sunday, with both sides confirming a signing ceremony in Switzerland. The agreement includes plans to reopen the Strait of Hormuz, ease sanctions and begin further negotiations…

AAP

A tentative deal is reached to end the Iran war and Trump orders a stop to the US naval blockade

The United States and Iran have reached an initial agreement to end the war and reopen the Strait of Hormuz

The Economic Times

Nukes, crude sanctions & frozen assets: Inside the 14-point US-Iran peace agreement

A draft agreement between Iran and the United States has reportedly surfaced. This framework could unlock 24 billion dollars in frozen Iranian assets. Sanctions on Iran's energy sector may be eased. The Strait of Hormuz could reopen. Broader negotiations are expected to follow this initial understanding.

AAP

Deal on ending the Iran war sends stocks soaring while oil prices fall

Shares have soared in Asia after a deal was announced on ending the Iran war and reopening the Strait of Hormuz

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news in one place.

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The Economic Times

Gold rises 2% after US, Iran reach peace deal

Gold prices surged 2% as U.S. and Iran officials announced a preliminary deal to end their conflict, leading to lower oil prices and easing inflation concerns. The agreement, set to be signed Friday, also includes reopening the Strait of Hormuz, making bullion cheaper for foreign buyers and reducing expectations of…

AAP

World stocks surge, oil slides on US-Iran deal

World share markets have rallied hard as a framework peace deal between the United States and Iran promises to ease inflationary pressures globally.

The Economic Times

Trump warns of renewed strikes on Iran if nuclear talks fail, says US could become ‘guardian of the Middle East’

President Trump has warned Iran of renewed military action or a significant financial demand if a nuclear deal isn't reached. He asserted his agreement would ensure free passage through the Strait of Hormuz, claiming he'd protected Israel from nuclear threats despite Israeli objections.

The Economic Times

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement, brokered by Pakistan, includes ending a U.S. naval blockade and aims to restore oil flows, unwinding geopolitical risk premiums. Further negotiations on…

International Business Times UK

The Six Key Things the US and Iran Agreed in Their Peace Deal — From Nuclear Dismantlement to the Strait of Hormuz

The US and Iran have reached a pivotal agreement to end their conflict, focusing on nuclear dismantlement and reopening the Strait of Hormuz, with Pakistan playing a crucial mediation role.

Bangkok Post

US, Iran reach deal to end war, signing set for Friday

DUBAI/WASHINGTON - US and Iranian officials said on Sunday they have agreed on a peace framework for a deal to end their war, halt the US blockade of Iran and reopen the Strait of Hormuz, possibly leading to lower energy prices once oil shipments resume through the critical waterway.

AAP

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

Pakistan announced that the U.S. and Iran reached an agreement to end the war and open the Strait of Hormuz

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