Updated June 15, 2026, 4:26 AM EDT By NBC News What to knowU.S.-IRAN DEAL AGREED: The United States and Iran have reached a deal aimed at ending the war that will reopen the Strait of Hormuz and lift the American naval blockade. A signing ceremony is set for Friday in Switzerland, mediator Pakistan said.MARKETS SOAR: Global markets soared after the tentative deal was announced, while oil prices fell more than $4 a barrel on the news that shipping may soon be restored through the key trade route. "Ships of the World, start your engines. Let the oil flow!” Trump wrote on Truth Social.ISRAEL-LEBANON CONFLICT: Israel said this morning that its forces won’t withdraw from land seized in Lebanon, while Iranian Foreign Minister Abbas Araghchi warned Israeli attacks there need to be completely halted and that the U.S. bears responsibility. The deal was finalized despite an Israeli strike criticized by both Trump and Tehran.NUCLEAR UNCERTAINTY: The memorandum of understanding leaves some key issues unresolved, setting up potential future tensions. The deal gives the two sides 60 days to resolve what to do about Iran’s stockpile of highly enriched uranium and its nuclear program, according to Iranian state media. 12m ago / 4:26 AM EDTIran foreign minister says Israel must halt attacks against LebanonIranian Foreign Minister Abbas Araghchi said this morning there is a need to stop “the aggression and destabilizing attacks” by Israel against Lebanon. Araghchi was speaking during separate phone calls with his counterparts in Turkey, Iraq and Egypt.He also referred to United States' responsibility for implementing the agreement, and thanked Turkey, Iraq and Egypt for their support of efforts to secure the deal, according to a post on his Telegram.27m ago / 4:10 AM EDTTentative deal sends stocks soaring while oil prices fall World share prices soared after the tentative deal was announced, while oil prices fell more than $4 a barrel.The future for the S&P 500 was up 1.2% and that for the Dow Jones Industrial Average gained 1%, auguring likely early gains for Wall Street.In early European trading, Germany’s DAX advanced 1.7% to 25,066.48, while the CAC 40 in Paris also added 1.7% to 8,410.36.Britain’s FTSE 100 gained 0.8% to 10,553.18.27m ago / 4:10 AM EDTU.S. and Iran reach framework deal to end war, reopen Strait of Hormuz 0NBC NewsNBC News