International Economic

US and Iran sign interim peace deal

By Abigail Townsend

Date: Thursday 18 Jun 2026

(Sharecast News) - The US and Iran have signed an interim deal to end war in the Middle East and reopen the Strait of Hormuz, sending oil prices sharply lower.
Donald Trump, who is in France for the G7 summit, confirmed late on Wednesday that the memorandum of understanding had been...

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