Iran's Mehr News reports that the US-Iran MoU includes the reopening of the Strait of Hormuz, lifting oil sanctions, and releasing frozen Iranian funds. The draft is still being reviewed. Brent -4.1%.

The US and Iran exchanged another round of strikes overnight, resulting in Iran announcing the complete closure of the Strait of Hormuz, effective immediately, and threatening to…

A tentative US-Iran MoU would reopen the Strait of Hormuz, extend the ceasefire 60 days, and link sanctions relief to nuclear compliance. Here's what it

Iran's Mehr News reports that the US-Iran MoU includes the reopening of the Strait of Hormuz, lifting oil sanctions, and releasing frozen Iranian funds. The draft is still being…

US/Iran closer than ever to peace deal; US expects to get enriched material under Iran deal; Trump said deal terms reported via "fake news" is false; Iranian FM noted MoU has…

(Bloomberg) -- Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz.

(Bloomberg) -- Global stocks and bonds rallied while oil slumped to a three-month low after the US and Iran reached a deal to reopen the Strait of Hormuz, sparking a relief rally…

The US and Iran have reached a framework peace agreement; the US will lift its naval blockade, whilst the Iranians will reopen the Strait of Hormuz. The Pakistani PM suggested it…

(Bloomberg) -- A global relief rally drove stocks and bonds higher while oil tumbled to a three-month low after the US and Iran agreed to end their war and reopen the Strait of…