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Economics1h 45m ago

Business chamber Assocham welcomed the peace deal between the USA and Iran as a major breakthrough that would benefit the entire world and bring the global economy back on the growth path.

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New Delhi, India; USA; Iran; West Asia

Who
Assocham, Nirmal K Minda, Donald Trump, JD Vance, Iran's Supreme National Security Council
What
Business chamber Assocham welcomed the peace deal between the USA and Iran as a major breakthrough that would benefit the entire world and bring the global economy back on the growth path.
When
Mon, 15 Jun 2026 07:50:17 GMT · 1h 45m ago
Where
New Delhi, India; USA; Iran; West Asia ·
Why
The peace deal between the USA and Iran is expected to bring the global economy back on track and achieve the earlier estimated GDP growth rate.
The Frontline Impact

How this affects you

This peace pact between the US and Iran is anticipated to improve world economic conditions, potentially lowering fuel prices and allowing the global economy to rebound. It could also lead to India achieving a 7% growth rate in FY2026-27.

Story chain

43 events in this thread
  1. Economics36m ago
    ECB President Christine Lagarde welcomed news of a U.S.-Iran ceasefire, stating it could help reopen the Strait of Hormuz, though fellow policymaker Joachim Nagel cautioned it would not immediately relieve high euro zone inflation.
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  2. Economics36m ago
    ECB President Christine Lagarde welcomed news of a U.S.-Iran ceasefire, which could help reopen the Strait of Hormuz, while fellow policymaker Joachim Nagel cautioned it would bring no immediate relief to high euro zone inflation.
    Open article
  3. Economics1h 32m ago
    Economists suggest reduced crude oil prices, contingent on a US-Iran agreement, could decrease India's import bill and ease rupee pressure.
    Open article
  4. Economics1h 32m ago
    Economists suggest reduced crude oil prices could decrease India's import bill and ease rupee pressure, contingent on the agreement's details regarding energy supply and shipping operations.
    Open article
  5. Currently Reading1h 45m ago
    Business chamber Assocham welcomed the peace deal between the USA and Iran as a major breakthrough that would benefit the entire world and bring the global economy back on the growth path.
  6. Economics1h 50m ago
    Shares of crude-sensitive companies surged on Monday after global oil prices plunged following a framework agreement between the United States and Iran to end the months-long conflict in the Middle East.
    Open article
  7. Economics2h 41m ago
    European Central Bank President Christine Lagarde said on Monday that the ceasefire agreement reached with Iran was "good news", especially as it could lead to a re-opening of the Strait of Hormuz.
    Open article
  8. Economics3h 19m ago
    The Indian rupee surged nearly 3% from its record lows, trading at 94.45 per dollar, as crude oil prices slumped 5% due to a US-Iran peace agreement.
    Open article
  9. Economics3h 25m ago
    The United States and Iran have announced a preliminary agreement to end hostilities and reopen the Strait of Hormuz, easing the geopolitical risk premium that had built up in oil prices.
    Open article
  10. Economics3h 42m ago
    The US and Iran have finalized a deal to end their 107-day conflict and reopen the Strait of Hormuz, a development expected to boost India's exports to West Asia and stabilize the rupee.
    Open article
  11. Economics4h 22m ago
    The US and Iran have finalized a deal to end their 107-day conflict and reopen the Strait of Hormuz, with the agreement to be signed on June 19 in Switzerland.
    Open article
  12. Economics4h 46m ago
    Gold prices surged over 2% after the US and Iran reached a peace deal, easing inflation concerns and boosting investor confidence.
    Open article
  13. Economics4h 46m ago
    Gold prices surged over 2% on Monday after US and Iran officials announced an initial agreement to end their war, which also pushed oil prices lower and eased inflation concerns.
    Open article
  14. Economics5h 25m ago
    The US and Iran have reached an agreement to reopen the Strait of Hormuz toll-free and de-escalate hostilities, with a formal signing expected on June 19.
    Open article
  15. Economics5h 33m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz, easing oil supply concerns.
    Open article
  16. Economics5h 33m ago
    US President Trump announced a ceasefire agreement with Iran allowing "toll free" passage of ships through the Strait of Hormuz.
    Open article
  17. Economics5h 52m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy.
    Open article
  18. Economics5h 52m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as international oil prices retreated after the announcement.
    Open article
  19. Economics5h 52m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased one of the biggest external risks facing South Korea's economy, but oil prices could take time to stabilise and return to pre-war levels.
    Open article
  20. Economics5h 52m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, as announced on Monday, June 15.
    Open article
  21. Economics5h 52m ago
    A ceasefire agreement between the United States and Iran and plans to reopen the Strait of Hormuz have eased external risks facing South Korea's economy, though oil prices could take time to stabilize.
    Open article
  22. Economics6h 14m ago
    Markets in Asia surged after the U.S. and Iran agreed on a tentative peace deal.
    Open article
  23. Economics6h 56m ago
    Australian share market rocketed to an eight-week high and oil prices plunged on news that the US and Iran have reached a peace deal.
    Open article
  24. Economics6h 56m ago
    The Australian share market has rocketed to an eight-week high and oil prices are plunging on news that the US and Iran have reached a peace deal.
    Open article
  25. Economics7h 17m ago
    US President Donald Trump said a deal to end the conflict with Iran was 'now complete', which would cease an economically damaging US naval blockade of Iranian ports and lead to Tehran reopening the Strait of Hormuz by Friday.
    Open article
  26. Economics7h 19m ago
    The United States and Iran have reached a peace agreement to end their over three-month-long war, with the deal expected to be signed on June 19.
    Open article
  27. Economics7h 19m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement and Iran confirming a signing date of June 19.
    Open article
  28. Economics7h 19m ago
    The United States and Iran have reached a peace deal to end their over three-month-long war, with President Donald Trump announcing on Truth Social that the agreement has been finalized.
    Open article
  29. Economics7h 19m ago
    The over three-month-long war between the United States (US) and Iran is all set to end, with President Donald Trump announcing a finalised peace agreement.
    Open article
  30. Economics7h 23m ago
    The United States and Iran have reached an initial agreement to end the war and reopen the Strait of Hormuz, which could allow desperately needed oil and gas to reach the global market.
    Open article
  31. Economics7h 23m ago
    The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war.
    Open article
  32. Economics7h 55m ago
    Gold rose 2% on Monday after U.S. and Iran officials said they had reached a preliminary deal to end their conflict.
    Open article
  33. Economics7h 58m ago
    Copper rallied and mining equities surged as traders weighed the prospect of a deal to end the Iran war.
    Open article
  34. Economics8h 29m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war that killed thousands of people and roiled the global economy.
    Open article
  35. Economics8h 29m ago
    The US and Iran have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and halting a war.
    Open article
  36. Economics8h 29m ago
    The US and Iran announced a deal to reopen the Strait of Hormuz on Sunday.
    Open article
  37. Economics8h 43m ago
    Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
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  38. Economics8h 43m ago
    Markets globally surged and oil prices plummeted on Monday after a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes.
    Open article
  39. Economics10h 57m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which could bring relief to the global economy.
    Open article
  40. Economics11h 9m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, which is expected to bring relief to the global economy.
    Open article
  41. Economics11h 30m ago
    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.
    Open article
  42. Economics11h 30m ago
    The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article
  43. Economics12h 6m ago
    Pakistan announced that the United States and Iran have reached an agreement to end the war and open the Strait of Hormuz.
    Open article

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