Macron hailed the deal "which allows for peace, the reopening of the Strait of Hormuz without tolls, and 60 days to conclude an agreement on nuclear, ballistic, and regional activities".

A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts…

Trump announces interim deal with Iran to reopen the Strait of Hormuz. Bitcoin rallies to two-week highs near $65,800 as oil drops toward $80 per barrel.