The US and Iran have agreed to a 60-day ceasefire, brokered by Pakistan and Qatar, to address Iran's nuclear program. However, the article argues this is a desperate move by Trump to hide war failures, as none of the initial war aims against Iran have been achieved.
South Korea's presidential office welcomed the US-Iran ceasefire deal, particularly its inclusion of reopening the Strait of Hormuz. However, officials expressed caution, stating they will monitor if the agreement leads to an immediate reopening and noting that nuclear negotiations could impact the ceasefire.
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.
Construction-related stocks surged following the announcement of a ceasefire agreement between the US and Iran. Samsung E&A, DL E&C, Daewoo E&C, Kumho E&C, and GS E&C all saw significant price increases.
Australia's Prime Minister Anthony Albanese will decide on extending the fuel excise rebate next week, offering motorists relief. The decision follows a US-Iran ceasefire deal, which Albanese hopes will stabilize global oil prices, though he cautions a return to normal will take time. The rebate, costing $2.5 billion, expires June 30.
Gaza's health ministry reported nearly 1,000 deaths since the start of the ceasefire, with five Israeli soldiers also killed. The total death toll since October 7, 2023, has reached 73,001, with over 173,200 wounded. The ministry's records are considered reliable by UN agencies and experts, though they do not differentiate between civilians and militants.
Energy experts predict it will take months for companies to resume operations and meet global demand due to slow shipping, refining, and uncertainty over safe passage through the Strait of Hormuz. Oil prices slipped following the deal announcement, but remain elevated.
A draft US-Iran memorandum of understanding, reportedly to be signed June 19 in Switzerland, includes an immediate end to hostilities, lifting of sanctions on oil exports, reopening of the Strait of Hormuz, and a $300 billion reconstruction package for Iran. Key nuclear issues remain for future talks.
A draft US-Iran memorandum of understanding, reportedly to be signed June 19 in Switzerland, includes an immediate end to hostilities, lifting of sanctions on oil exports, reopening of the Strait of Hormuz, and a $300 billion reconstruction package for Iran. Key details remain unverified.
Global oil prices fell after an Iran war ceasefire and the reopening of the Strait of Hormuz were announced. However, energy experts warn that restoring full oil and gasoline supplies will take several months due to stranded ships and the need for safe passage for new tankers.
A US-Iran ceasefire and plans to reopen the Strait of Hormuz ease external risks for South Korea's economy, but oil prices and supply normalization may take time. Experts anticipate benefits for refining and petrochemical industries, though consumers may see delayed price relief.
US President Donald Trump and Iran have announced a ceasefire deal to end over 100 days of war, with a permanent cessation of military operations agreed upon. The deal, brokered by Pakistan and Qatar, includes the reopening of the Strait of Hormuz and the lifting of US naval blockades. An official signing ceremony is scheduled for June 19 in Switzerland.
The US and Iran have reached a deal, mediated by Pakistan, potentially lifting the Strait of Hormuz closure and US blockade of Iranian ports. The agreement also includes an end to military operations, including in Lebanon, and aims to address concerns over Iran's nuclear program.
The US and Iran have reached a deal, mediated by Pakistan, potentially lifting the Strait of Hormuz closure and US blockade of Iranian ports. The agreement also includes a termination of military operations in Lebanon and aims to address concerns over Iran's nuclear program.
President Trump announced a ceasefire deal with Iran, authorizing toll-free shipping through the Strait of Hormuz. The agreement, confirmed by Iran and Pakistan's PM, ends hostilities and military operations on all fronts, with a signing ceremony in Switzerland.
US President Donald Trump announced a ceasefire deal with Iran, leading to toll-free shipping through the Strait of Hormuz. Confirmed by Iran and Pakistan's PM, the agreement ends hostilities immediately, with a signing ceremony planned in Switzerland.
Australia has welcomed a US-Iran ceasefire, with PM Albanese emphasizing the need for dialogue and addressing Iran's nuclear program. Meanwhile, domestic politics sees Opposition Leader Angus Taylor focusing on the federal budget and a Senate inquiry, while One Nation's rising poll numbers and fundraising are also in focus.
New evidence reveals Queensland police failures prior to toddler Mason Lee's death 10 years ago. Donald Trump calls for restraint after Israel targets Beirut, with a US-Iran ceasefire deal shaky. Farmers battle a severe mouse plague across Australia's grain belt, and the Socceroos start their World Cup campaign with a win.
Asian markets surged on news of a US-Iran ceasefire and potential reopening of the Strait of Hormuz. Woodside denied takeover rumors, while ASX admitted to misleading statements about a tech project, facing a $20.5M penalty. ANZ forecasts house price falls, and US orders Anthropic to block foreign AI access.
US President Donald Trump urged Israel and Hezbollah to cease hostilities, stating that ongoing attacks could jeopardize a potential US-Iran deal aimed at bringing peace to the region, including Lebanon.
South Korea's presidential office expressed hope for a US-Iran ceasefire and the reopening of the Strait of Hormuz, following a post by Donald Trump indicating a deal is imminent. The office supports Trump's efforts for secure navigation.
Gaza's Health Ministry announced Sunday that the Palestinian death toll from the ongoing conflict has surpassed 73,000, with over 173,200 wounded since the war began on October 7, 2023. The ministry, run by the Hamas-led government, confirmed 73,001 fatalities, including five reported on Sunday.
A US-Iran peace deal, nearing finalization with a Sunday signing forecast, is jeopardized by Israeli strikes on Hezbollah infrastructure in Beirut. The strikes were in response to Hezbollah launching projectiles into northern Israel, a violation of the ceasefire. Iran expressed caution on the deal's signing date.
Israel's military accused Hezbollah of launching projectiles, violating a ceasefire, hours after ordering residents of 29 towns in southern Lebanon to evacuate. This escalation occurs despite reports of a potential Iran-US deal to end regional conflict, with Israeli officials calling for intensified attacks.
