Brief by Shorts91 Newsdesk / 05:54am on 15 Jun 2026,Monday International
The United States and Iran have announced a framework agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a key global oil shipping route. The deal is expected to be formally signed in Switzerland on Friday. US President Donald Trump said "oil will flow" once the agreement is completed, while Iran confirmed that a final deal had been reached. The understanding also includes a 60-day period to settle key issues, including Iran's nuclear programme and sanctions relief. However, several details, including the future status of the Strait of Hormuz, still need to be finalised. (PC: BBC)
