65
Economics2h 25m ago

America is close to a deal with Iran to end the ongoing war, with President Trump announcing a memorandum of understanding is expected soon.

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Middle East, Strait of Hormuz, Kuwait, Bahrain, Jordan, Lebanon

Who
President Trump, US, Iran, Adm. Brad Cooper, Secretary of State Marco Rubio, US Central Command, senior administration official, Israel
What
America is close to a deal with Iran to end the ongoing war, with President Trump announcing a memorandum of understanding is expected soon.
When
Sat, 13 Jun 2026 03:37:00 GMT · 2h 25m ago
Where
Middle East, Strait of Hormuz, Kuwait, Bahrain, Jordan, Lebanon ·
Why
The war has impacted the global economy and strained alliances, with many of the initial goals set for the conflict appearing unmet.
The Frontline Impact

How this affects you

The ongoing war has disrupted global oil and natural gas flow through the Strait of Hormuz, causing spikes in energy prices and other goods, and straining international alliances.

Story chain

12 events in this thread
  1. Economics1h 25m ago
    Oil prices tumbled to a three-month low after US President Donald Trump claimed that a peace deal with Iran is within reach.
    Open article
  2. Economics1h 25m ago
    Oil prices tumbled to a three-month low after US President Donald Trump claimed that a peace deal with Iran is within reach.
    Open article
  3. Economics1h 25m ago
    Oil prices tumbled to a three-month low after US President Donald Trump claimed that a peace deal with Iran is within reach.
    Open article
  4. Economics1h 25m ago
    Oil prices tumbled to a three-month low after US President Donald Trump claimed that a peace deal with Iran is within reach, though conflicting reports about the deal's details have emerged.
    Open article
  5. Economics2h 25m ago
    America is close to a deal with Iran to end the ongoing war, with President Trump announcing a memorandum of understanding is expected soon.
    Open article
  6. Economics2h 25m ago
    America is close to a deal with Iran to end the ongoing war, with President Trump announcing a memorandum of understanding is expected soon.
    Open article
  7. Currently Reading2h 25m ago
    America is close to a deal with Iran to end the ongoing war, with President Trump announcing a memorandum of understanding is expected soon.
  8. Economics4h 24m ago
    A new Iran deal is taking shape, focusing on reopening the Strait of Hormuz first, with Iran receiving economic benefits later as it meets US demands.
    Open article
  9. Economics4h 24m ago
    A central element of President Donald Trump’s emerging Iran deal is a step-by-step approach that would see the Strait of Hormuz reopened followed by Tehran getting economic rewards each time it meets US demands.
    Open article
  10. Economics4h 24m ago
    A new Iran deal is taking shape, focusing on reopening the Strait of Hormuz first with Iran receiving economic benefits later as it meets US demands.
    Open article
  11. Economics4h 24m ago
    A new Iran deal is taking shape, focusing on reopening the Strait of Hormuz first with economic benefits for Iran contingent on meeting US demands.
    Open article
  12. Economics4h 24m ago
    A new Iran deal is taking shape, focusing on reopening the Strait of Hormuz first with Iran receiving economic benefits later as it meets US demands.
    Open article

Verified Sources & Citations