A landmark agreement has been reached between the Trump administration and Iran to end their conflict and reopen the Strait of Hormuz. This development offers global market relief. However, the deal faces internal Republican opposition and skepticism from allies. Gas prices are expected to fall but remain elevated. The accord's long-term success hinges on future negotiations and adherence to terms.

US President Donald Trump announced a deal with Iran is set to be signed on Sunday. This agreement is expected to immediately reopen the Strait of Hormuz to all traffic. Pakistan,…

Trump said the US reached a deal with Iran on Sunday to reopen the Strait of Hormuz, a possible end to a 15-week conflict that upended global oil markets.

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil…

President Trump has reached a preliminary peace deal with Iran. This agreement aims to end a costly war and stabilize global energy markets. However, the accord may not fully meet…