US and Iran Agree to Deal Halting War That Shook Middle East (opens original article in a new tab)

The US and Iran have reached a peace deal to reopen the Strait of Hormuz, aiming to end hostilities and initiate nuclear program talks, with oil prices declining following the announcement.

• US and Iran announce a peace deal to reopen the Strait of Hormuz.
• The deal includes ending blockades, non-attack agreements, and nuclear program negotiations.
• Oil prices dropped after the announcement, with Brent falling over 3%.