74
Markets12h 36m ago

A peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and subsequent market reactions.

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Strait of Hormuz, United States

Who
US, Iran, US Vice President JD Vance, President Donald Trump, Federal Reserve Chairman Kevin Warsh, Bank of England
What
A peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and subsequent market reactions.
When
Thu, 18 Jun 2026 22:02:07 GMT · 12h 36m ago
Where
Strait of Hormuz, United States ·
Why
The deal is expected to ease inflation risks by allowing oil supply through the Strait of Hormuz, which had been blockaded.
The Frontline Impact

How this affects you

Wall Street stocks climbed, with the S&P 500 rising 1.1%, and Treasury yields fell. The Bank of England held rates, noting the drop in oil prices.

Story chain

7 events in this thread

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