“Let the oil flow!” With those words on Sunday evening, US President Donald Trump announced that the United States had reached an agreement to end the war with Iran after more than one hundred days and open the Strait of Hormuz, with the official signing set to occur on June 19. Shortly after, Iranian officials confirmed that the two sides had finalized a memorandum of understanding (MOU) that would remove the US naval blockade of Iranian ports and extend the current ceasefire.
As details emerge, our experts are sharing their insights on what we know—and still don’t know—about the deal, what it all means, and what to expect next. We’ll update this post as we learn more and additional expert contributions roll in.
Click to jump to an expert analysis:
Nate Swanson: Watch for a “delta” between the MOU’s aspirations and a final deal
Landon Derentz: Don’t be so sure about a fast return to normal for energy markets
