71
Economics2h 22m ago

Pakistan says the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since the war began.

Archive Window: 30 Days Left

Islamabad, Switzerland, Jerusalem, Beirut, northern Israel, Arabian Peninsula

Who
Pakistan's prime minister, the United States, Iran, Donald Trump, Benjamin Netanyahu, Iran’s parliamentary Speaker Mohammad Bagher Qalibaf, U.N. Secretary-General Antonio Guterres, Qatari mediators, Ebrahim Azizi, Ali Akbar Velayati, Esmail Baghaei, Masoud Pezeshkian, Fatemeh Mohajerani
What
Pakistan says the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since the war began.
When
Sun, 14 Jun 2026 21:28:49 GMT · 2h 22m ago
Where
Islamabad, Switzerland, Jerusalem, Beirut, northern Israel, Arabian Peninsula ·
Why
The agreement was reached to end the war between the US and Iran and to reopen the Strait of Hormuz, which has been closed for more than three months.
The Frontline Impact

How this affects you

The peace deal between the United States and Iran is expected to reopen the Strait of Hormuz, potentially alleviating economic strain and global market disruptions caused by its closure. The accord also aims to reduce hostilities in the region, including in Lebanon, although Israel expresses disappointment and has continued strikes, creating tension around the deal's finalization.

Story chain

9 events in this thread
  1. Economics2h 22m ago
    Pakistan announced an agreement between the United States and Iran to end the war and open the Strait of Hormuz, which is expected to be signed Friday in Switzerland.
    Open article
  2. Currently Reading2h 22m ago
    Pakistan says the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since the war began.
  3. Economics3h 19m ago
    The U.S. Federal Reserve will most likely keep rates steady at its June 16-17 FOMC meeting, the first under newly appointed Fed Chair Kevin Warsh.
    Open article
  4. Economics7h 5m ago
    The Federal Open Market Committee (FOMC) will conclude its two-day meeting on Wednesday, with expectations to leave interest rates unchanged.
    Open article
  5. Economics7h 5m ago
    The Federal Open Market Committee (FOMC) will conclude its two-day meeting on Wednesday, with the bank expected to leave interest rates unchanged between 3.50% and 3.75%.
    Open article
  6. Economics7h 5m ago
    The Dow Jones and S&P 500 indices will react to the Federal Open Market Committee's interest rate decision on Wednesday and potential US-Iran memorandum of understanding on reopening the Strait of Hormuz today.
    Open article
  7. Economics7h 5m ago
    The Dow Jones and S&P 500 indices will react to the FOMC interest rate decision and potential US-Iran memorandum of understanding this week.
    Open article
  8. Economics7h 5m ago
    The Federal Open Market Committee (FOMC) will conclude its two-day meeting on Wednesday, where it is expected to keep interest rates unchanged, and President Donald Trump has stated the US and Iran will launch a memorandum of understanding on reopening the Strait of Hormuz today.
    Open article
  9. Economics7h 5m ago
    The Federal Open Market Committee (FOMC) will conclude its two-day meeting on Wednesday, and the US and Iran are expected to launch a memorandum of understanding on reopening the Strait of Hormuz today.
    Open article

Verified Sources & Citations