Seafarers' advocates cautiously welcomed a tentative deal between Iran and the US to end the conflict and reopen the Strait of Hormuz, expressing hope for the return of approximately 20,000 stranded crew members. The deal, set to take effect Friday, involves Iran lifting its "toll booth" system and the US ending its naval blockade of Iranian ports.
US and Iranian officials announced a framework to end a nearly four-month war, lift port blockades, and reopen the Strait of Hormuz. The deal faces immediate challenges from Israel, which vows to continue operations in Lebanon, while Tehran insists on a cessation of fighting in all regions.
European leaders cautiously welcomed a ceasefire agreement between Iran and the US, brokered by Donald Trump. They emphasized the need to reopen the Strait of Hormuz and ease the global energy crisis. Israel has not yet signed the deal, stating it is not binding.
International reactions pour in following the US-Iran agreement to end the war and reopen the Strait of Hormuz. Saudi Arabia, Kuwait, Egypt, China, the EU, Australia, Pakistan, the UK, France, Germany, Japan, and New Zealand have all welcomed the deal, emphasizing the importance of restoring navigation freedom and regional stability.
International reactions are largely positive following the US-Iran agreement to end the war and reopen the Strait of Hormuz. Leaders from the EU, UK, France, Germany, Australia, Pakistan, Japan, and New Zealand have welcomed the deal, emphasizing the need for swift implementation and the restoration of free navigation.
An agreement between the US and Iran to end the Middle East war has led to euphoria in global financial markets. The Strait of Hormuz reopens, oil prices drop, and the Spanish Ibex 35 index reaches an all-time high, with tourism, airlines, and banks showing significant gains.
A framework agreement between the US and Iran to end the Middle East war has triggered global market euphoria. Spain's Ibex 35 index reached an all-time high, and the Strait of Hormuz reopened, causing oil prices to drop and boosting sectors like tourism and banking.
Australia's Prime Minister Anthony Albanese indicated the government may extend the temporary fuel excise cut to ease motorist costs, influenced by the Middle East conflict and a new peace deal between the US and Iran. The cut, initially set to end June 30, is being re-evaluated.
Australian PM Anthony Albanese indicated openness to extending the temporary fuel excise cut, citing ongoing Middle East conflict impacts. A peace deal between the US and Iran to reopen the Strait of Hormuz was welcomed, but normal oil trade is expected to take months.
Oil prices and Asian/European shares surged following a framework deal between the US and Iran to end the war, potentially reopening the Strait of Hormuz. Pakistan mediated the deal, with an official signing ceremony planned for June 19 in Switzerland. Brent crude fell to $83.24 a barrel.
Senior EU officials, including António Costa and Ursula von der Leyen, welcomed a US-Iran deal to end a war, emphasizing the need for lasting peace in the Middle East and the reopening of the Strait of Hormuz. France announced a military mission is ready to deploy to secure the strait.
Global oil prices dropped and stock markets surged as optimism grew for a US-Iran peace deal, potentially reopening the Strait of Hormuz and ending a major energy supply crisis. Brent crude fell below $84/barrel, while European and Asian markets rallied.
Oil prices dropped significantly after President Donald Trump announced a completed deal with Iran to reopen the Strait of Hormuz. U.S. crude futures fell 5.05% to $80.63, and Brent futures dropped 4.36% to $83.52. Energy stocks also declined in early European trading.
A preliminary ceasefire deal between the US and Iran, set to be signed this week, has been welcomed by world leaders. The deal aims to reopen the Strait of Hormuz to international shipping, leading to a drop in oil prices and a rally in stock markets. Details on Iran's nuclear program and sanctions relief are to be negotiated.
The US and Iran have agreed to a deal to end the US-Israel war on Iran, including Israeli attacks on Lebanon, and to reopen the Strait of Hormuz. US President Donald Trump announced the deal's completion, with ships worldwide urged to resume operations. Iran's deputy foreign minister stated a broader deal on sanctions relief would be worked out during a 60-day ceasefire.
The US and Iran have agreed to a deal to end the US-Israel war on Iran and reopen the Strait of Hormuz. US President Donald Trump announced the deal's completion, with ships worldwide urged to resume operations. Iran's deputy foreign minister stated sanctions relief would be discussed during a 60-day ceasefire.
Oil prices dropped significantly after President Donald Trump announced a completed deal with Iran to reopen the Strait of Hormuz. U.S. crude futures fell 4.85% to $80.76, and Brent futures dropped 4.35% to $83.51. Trump stated Hormuz will open without tolls and the U.S. will end its naval blockade.
Bitcoin approached $66,000 as President Trump announced a completed peace deal with Iran, promising the reopening of the Strait of Hormuz. Markets reacted positively, with oil prices also falling.
The United States and Iran have reached a peace deal to end their war, halt the US blockade, and reopen the vital Strait of Hormuz. International leaders have welcomed the agreement, anticipating reduced energy prices and a more stable Middle East.
An agreement between the US and Iran to reopen the Strait of Hormuz is expected to allow 24 South Korean-linked vessels and 137 sailors to depart. However, uncertainty remains regarding the exact terms of the deal and potential obstacles like naval mines and internal Iranian instability.
South Korea's defense ministry announced Monday it will consider concrete ways to help stabilize the Strait of Hormuz, a vital shipping lane, following a U.S.-Iran peace deal. No decisions on military asset deployment have been made yet.
Global markets surged Monday following a framework agreement between the US and Iran to end their conflict, leading to a fall in oil prices and the US dollar. The reopening of the Strait of Hormuz was announced, boosting investor confidence in riskier assets.
The US and Iran have reportedly reached an interim deal to end the war and reopen the Strait of Hormuz, with a signing planned for Friday in Switzerland. The timeline highlights decades of escalating tensions over Iran's nuclear program and regional conflicts.
Despite a new peace deal, the war on Iran and its ripple effects have normalized conflict, causing widespread hardship, economic upheaval, and collateral damage across the Middle East, with ongoing strikes and unresolved issues threatening lasting peace.
