Strait of Hormuz coverage

Iran war

U.S.-Iran Framework Offers Relief but Leaves Hard Issues Ahead

A preliminary deal is expected to open the Strait of Hormuz, while the most difficult disputes are being pushed into further talks

Middle East diplomacy

U.S.-Iran deal lifts markets, but key questions remain

The sides say a memorandum is ready for signing Friday in Switzerland, but the text is unreleased, Hormuz is not yet fully reopened and Israel is not part of the agreement

Markets react to Iran deal

Stocks rally, oil drops as U.S.-Iran deal points to Hormuz reopening

Brent crude fell to about $83 a barrel and major indexes rose as investors bet a tentative framework could ease a months-long energy shock, though signing and implementation remain ahead

U.S.-Iran deal

Shipping Firms Cautious as U.S.-Iran Deal Targets Strait Reopening

Shipowners welcomed the move but are waiting for firmer security assurances, while U.S. officials say major terms still need to be worked out

U.S.-Iran framework

U.S.-Iran Framework Eases Oil Fears, but Hormuz Reopening May Take Time

Trump and Iranian officials pointed to an agreement set for signing Friday, while shipping data and unresolved security issues showed the path back to normal remains uncertain

Diplomacy

U.S. and Iran announce deal aimed at ending war, reopening Hormuz

Trump and mediators say a signing is set for Friday, but the deal text has not been released and nuclear and sanctions questions remain for further talks