in-cyprus15 Jun 2026

Iran and US seal deal to halt fighting and reopen Hormuz as oil prices plunge

The United States and Iran have reached an agreement to end their war and reopen the Strait of Hormuz, President Donald Trump announced on Sunday, in the biggest breakthrough of a conflict that has killed thousands and upended global energy markets since it began in February.

“The Deal with the Islamic Republic of Iran is now complete,” Trump wrote on Truth Social. “Ships of the World, start your engines. Let the oil flow!”...

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