Explained: The key details of the US-Iran deal to end conflict, restore stability - Businessday NG

Everything you need to know about the US-Iran peace deal

Trump announced the US-Iran peace deal, reopening the Strait of Hormuz (20% of global crude). The agreement stabilizes energy markets: oil prices hit three-month lows, stock markets rallied 1-3%, freeing 600+ vessels trapped in the Persian Gulf.