President Donald Trump announced a peace deal with Iran on June 14, 2026, triggering an immediate rally across global equity and crypto markets. Japanese stocks led the charge, with the Nikkei 225 climbing nearly 4% to close around 65,158.19.

Bitcoin also caught a bid, pushing above $63,000 as traders shifted into risk-on mode. The deal, which includes the reopening of the Strait of Hormuz and the dismantling of Iran’s nuclear program, represents one of the most consequential geopolitical developments of the year.

What the deal actually involves

Trump made the announcement via Truth Social, following months of negotiations that were mediated by Pakistan. The talks stretched across 2025 and 2026, with a 60-day deadline framework and a critical round of negotiations in May 2026.

The core provisions are substantial. Iran agreed to dismantle its nuclear program, while the US committed to ending its naval blockade in the region. The Strait of Hormuz, a chokepoint through which a massive share of the world’s oil shipments pass, will reopen under the terms of the agreement.