Iran, US agree to halt war and reopen Hormuz
June 16, 2026
The United States and Iran have reportedly agreed to terms to end their war and reopen the Strait of Hormuz, news that brought relief to markets — although the pact may hinge on an end to hostilities in Lebanon and defers talks on Tehran’s nuclear program.
While still a framework, the deal marked the biggest breakthrough towards resolving the conflict that has killed thousands and upended…