Oil prices fall and shares jump after US-Iran deal announced
BBC News·June 15, 2026

Oil prices have fallen and shares have jumped following the announcement of a US-Iran deal. The agreement includes the reopening of the key Strait of Hormuz waterway, a crucial passage for global oil trade. US President Donald Trump confirmed the deal, which is expected to have significant implications for the global economy. The reopening of the Strait of Hormuz is likely to increase oil supply and reduce tensions in the region.
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