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FORGOTTEN HISTORY: 28 - The Untold Story

Oil slips again as US, Iran sign peace deal

Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran's oil. This deal, a 14-point memorandum, initiates a 60-day negotiation period, potentially resolving a major energy supply disruption and leading to a significant supply…

The Economic Times

Global Market Today: Asian shares gain as US-Iran deal takes effect

US stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns. This comes as the Federal Reserve signaled potential rate hikes to combat inflation, causing bond yields to climb and the yen to weaken.

The Economic Times

'It's signed': US-Iran MoU officially finalized after both sides digitally sign agreement

US President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point memorandum of understanding to end hostilities and reopen the Strait of Hormuz. The agreement, effective immediately, also initiates negotiations on sanctions relief and Iran's nuclear program, marking a significant de-escalation.

The Times of India

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How Australia can deliver the secure gas, renewable fuels and battery minerals Asia and the Pacific need

Energy security is a top priority globally, as governments grapple with the closure of the Strait of Hormuz, an accelerating clean energy transition and surging power demand from AI data centres.

The Conversation

Interim 14-point US-Iran Memorandum of Understanding

The United States has read out the text of the interim US-Iran agreement to halt the war in Iran and open the Strait of Hormuz.

AAP

Trump Says Tentative Iran Deal Avoided 'Economic Catastrophe' As Israel, Democrats Demand Answers

President Donald Trump defended his tentative agreement with Iran at the G7 summit in Évian-les-Bains, France, saying the deal helped avert an "economic catastrophe" that could have hit Americans through soaring oil prices, market turmoil and a prolonged disruption in the Strait of Hormuz.

Latin Times

Diluting uranium, oil sales: What's in the draft US-Iran deal?

Senior US officials on Wednesday disclosed the contents of a draft memorandum of understanding with Iran, ending days of secrecy ahead of a planned signing ceremony on Friday. The document outlines an immediate ceasefire, steps toward lifting US sanctions, the restoration of commercial shipping and negotiations on Iran’s nuclear programme.

France 24

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Senior US officials release text of Iran deal

A draft memorandum of understanding between the US and Iran has been revealed. It includes new standards for uranium enrichment and provisions for Lebanon's territorial integrity. In return, the US will waive some sanctions against Iran. The deal also addresses passage through the Strait of Hormuz and envisions rebuilding funds…

The Economic Times

Trump Is Boasting About a Secret 100-Million-Barrel Oil Operation That Defies Every Known Rule of Naval Logistics

The Strait of Hormuz was once a predictable artery for global energy supplies. Today, it’s a battleground.

The Mary Sue

Will US-Iran Hormuz deal be signed today? Report says signing may move to Wednesday

United States and Iran may sign a memorandum of understanding on Wednesday. This could open the Strait of Hormuz earlier than planned. The agreement's provisions would take effect immediately. The US might release the full text on Wednesday. Discussions are ongoing about shifting the timeline.

The Economic Times

3 Stocks to Watch If the Strait of Hormuz Reopens

Falling crude oil prices tied to a U.S.-Iran ceasefire MOU could benefit airlines, logistics firms, and integrated energy companies like Delta, FedEx, and Chevron.

MarketBeat

Threat Level In Strait Of Hormuz Reduced To 'Substantial' After U.S.-Iran Deal

A naval coalition downgraded the threat level in the Strait of Hormuz following the agreement between the U.S. and Iran.

International Business Times

PM Modi-Trump G7 meeting: Modi flags seafarers' safety; ties have 'new speed, new energy'

Prime Minister Narendra Modi and US President Donald Trump met in France. This was their first face-to-face meeting since February 2025. The leaders discussed trade agreements and ongoing tensions. They also exchanged greetings at a G7 Summit outreach session. The meeting occurred during a critical time for India-US relations.

The Economic Times

UAE Working On Plan To Eliminate Reliance On Hormuz Strait To 'Zero' After War

The UAE is seeking to eliminate its reliance in the Strait of Hormuz to export energy following the war in Iran.

International Business Times

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International Business Times UK

Leaked Trump-Iran Deal Exposes Secret $300B Payout and 'Strait of Hormuz' Concession, Shattering 'Surrender' Promise

A leaked framework of Donald Trump's Iran deal suggests Tehran could gain a formal role in managing the Strait of Hormuz, sweeping sanctions relief and access to a $300 billion reconstruction fund.

AAP

Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

AAP

Wall Street steadies and oil trades below $80 with focus on end to Iran conflict

Wall Street pointed toward modest gains in premarket trading and oil was trading below $80 a barrel on optimism that Iran will quickly open the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed on Friday

The Conversation

Donald Trump and Benjamin Netanyahu have different war aims – can the Iran peace deal survive?

The clock is ticking on the Iran peace deal. A memorandum of understanding between Iran and the US is due to be signed in Geneva on June 19, allowing for a 60-day ceasefire extension and the opening of the strategically vital waterway, the Strait of Hormuz. But key questions remain…

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The Economic Times

US-Iran signing ceremony imminent: Roadmap details sanctions relief, 60-day nuclear negotiation window

A proposed US-Iran peace pact involves reopening the Strait of Hormuz, ending the blockade, and pausing nuclear enrichment for 60 days. US leaders state that economic benefits remain strictly dependent on verifiable changes in Iran's behaviour, a conditional framework that has gained formal backing from G7 heads of state.

The Independent UK

G7 leaders back Trump's plan to end Iran war that faces skepticism at home

Leaders at the Group of Seven summit have backed U.S. President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and extend a ceasefire

The Times of India

What is in the 14 point interim US-Iran peace deal? Read full text

Leaked details of a tentative US-Iran agreement suggest Tehran would immediately move to reopen the Strait of Hormuz once a ceasefire deal is signed, alongside the ability to resume unrestricted oil exports. The interim accord, expected to be formally signed in Switzerland on Friday, reportedly includes US backing for at…

AAP

Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaks

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

AAP

'We'll go back to shooting' if Trump sours on Iran deal

G7 leaders have welcomed the US-Iran ceasefire deal, but President Donald Trump is threatening to resume bombing if Iran doesn't "behave".

The Economic Times

Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shape

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows through the Strait of Hormuz after a deal with Iran. This shift in focus allows Washington to concentrate more on the Ukraine war, as G7 leaders discuss further…

The Economic Times

IEA sees gradual Hormuz recovery tipping into significant 2027 surplus

The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil supply disruption. The International Energy Agency predicts a significant oil surplus by 2027. Millions of barrels of Middle East oil output will return to the…

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