June 15, 2026
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0:49Now PlayingPresident Trump said Monday the Strait of Hormuz would open "completely" on Friday after the US and Iran reached an interim peace deal toward ending a war that has caused chaos in the Middle East. #iran #trump #worldnews #politics #france #usa
The agreement, set to be signed in Switzerland, includes a 14-point plan with a ceasefire extension and new negotiations over Iran's nuclear program, but details such as toll-free passage through the strait are still to be decided.
The signing of the memorandum of understanding may lead to ships having free passage through the Hormuz strait, but oil traders and analysts are cautious, noting that the deal is fragile and that reaching a final agreement will be complex and challenging.
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