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The U.S. and Iran are reportedly nearing a peace deal that would lift oil sanctions and reopen the Strait of Hormuz. The agreement requires the release of frozen funds and the withdrawal of U.S. forces from Iran, with potential signing set for Switzerland. Global stock markets reacted positively, while oil prices declined.
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The U.S. and Iran are reportedly nearing a peace deal that would lift oil sanctions and reopen the Strait of Hormuz. The agreement requires the release of frozen funds and the withdrawal of U.S. forces from Iran, with potential signing set for Switzerland. Global stock markets reacted positively, while oil prices declined.
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Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
U.S. and Iran Reportedly Close to Signing Peace Deal Involving Oil Sanctions and Strait of Hormuz