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The Independentindependent.co.uk

Iran-US war latest: Trump and Iranian leader sign peace deal as Tehran vows to charge Strait of Hormuz fees (opens original article in a new tab)

TL;DR

Donald Trump signed a peace deal with Iran, ending the war and reopening the Strait of Hormuz, while Iran plans to charge fees after 60 days. Oil prices fell as a result.

  • Donald Trump signed a peace agreement with Iran during his visit to Versailles, France.
  • Iran will charge fees for ships passing through the Strait of Hormuz after a 60-day fee-free period.
  • Oil prices dropped following the agreement, with Brent crude at $78.66 a barrel.

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