Yonhap News Summary (opens original article in a new tab)

U.S. and Iran announced a peace deal to end their conflict, with the Strait of Hormuz set to reopen, impacting South Korea's economy and stock market.

• U.S. President Trump announced a peace deal between the U.S. and Iran to end their monthslong war, with the Strait of Hormuz set to reopen upon signing.
• South Korea prioritizes securing safe passage for 24 ships stranded in the Strait of Hormuz following the U.S.-Iran deal.
• South Korean stocks opened sharply higher on the news of the U.S.-Iran peace agreement.