- Tariff threats and hawkish central bank outlook are affecting oil market stability amid escalating tensions in the Middle East.
- Peace talks are underway in Switzerland between the US and Iran to end the war, with Trump authorizing the opening of the Strait of Hormuz and Pakistan mediating.
- Trump announced a peace deal with Iran, leading to the reopening of the Strait of Hormuz and an MOU signing in Geneva.
The US-Iran peace deal led to de-escalation, resulting in an oil price slide and boosted investor confidence.
1 report, 1 independent
Updated Jun 13
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What happened
The US-Iran peace deal led to de-escalation, resulting in an oil price slide and boosted investor confidence.
Who's involved
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)