Bitcoin surged above $67,000 after Trump confirmed the U.S.-Iran peace deal, while Ethereum rallied 10% and the total crypto market cap climbed to $2.37 trillion.

June 16 : Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key Strait of Hormuz may take longer than thought.Brent crude futures gained 26 cents, or 0.3 per cent, t

June 16 : Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key Strait of Hormuz may take longer than thought.Brent crude futures gained 26 cents, or 0.3 per cent, t

Washington/Tehran/Geneva, June 16: In a major diplomatic breakthrough after months of military confrontation that shook global energy markets and heightened fears of a wider Middle East conflict, the United States and Iran have agreed to a preliminary framework aimed at ending hostilities and reopening the strategically vital Strait of Hormuz. However, significant differences over Iran’s nuclear […]

The United States and Iran have announced a tentative agreement aimed at ending more than three months of conflict, raising hopes for stability in the Middle East while leaving major questions unresolved over Tehran's nuclear ambitions, regional influence, and the future of the Strait of Hormuz. The breakthrough was first revealed by Pakistani Prime Minister Shehbaz Sharif, whose government played a mediating role in the negotiations.

Oil prices fell sharply on Monday after the United States and Iran announced an agreement aimed at reopening the Strait of Hormuz and ending the US blockade of Iranian ports.Brent crude dropped 5...

US President Donald Trump said the Strait of Hormuz would reopen after the planned signing of the deal on Friday.

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy. But even as the price of oil dropped Monday, many questions remained about when and how it would start flowing again through the world’s most vital artery…