Iran-US News Live Updates: United States President Donald Trump has confirmed the signing of a peace deal with Iran to bring an end to the US-Israel war on Iran. Following the announcement, Trump also confirmed the reopening of the Strait of Hormuz. The development signalled an end to the nearly three-month-long conflict in West Asia. Within less than an hour of the Iran-US peace deal announcement, crude oil prices crashed sharply, falling to their lowest level in three months.
Apart from crude, global stock markets also reacted sharply to the development. Stock markets across the Asia-Pacific are surging following the announcement of a deal between Washington and Tehran to end US-Israel war on Iran.
Japan's Nikkei 225 benchmark index jumped more than 5% shortly in morning trade. South Korea's Kospi surged nearly 5.7%. Gift Nifty was up close to 1.5% early morning.
Reopening of Strait of Hormuz
While announcing the Iran-US peace deal, Trump also confirmed the reopening of Strait of Hormuz and assured that trade via the route can resume.
"The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!," read a post by Donald Trump on Truth Social.
"With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!," he stated in another post.
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Jun 15, 2026, 8:43 am IST
Iran-US News Live Updates: Tehran Confirms Iran-US Peace Deal
Iran-US News Live Updates: Iran's Deputy Foreign Minister confirmed that the nation has concluded a deal with the United States to end the war.
“The immediate and permanent end of the war and all military operations on various fronts, including #Lebanon, will be announced starting tonight,” read a post by 'Iran In Hyderabad', Official Account of Consulate General of the Islamic Republic of Iran
Jun 15, 2026, 8:24 am IST
Iran-US News Live Updates: Global Stock Market Cheer Post Iran-US Peace Deal Announcement
Iran-US News Live Updates: Global stock markets soared after the announcement of the Iran-US peace deal. Japan's Nikkei 225 benchmark index surged more than 5%, Futures for US Stocks climbed significantly after the deal announcement. Gift Nifty was up more than 1.5% on Monday.
Jun 15, 2026, 8:00 am IST
Iran-US News Live Updates: Trump Announces Reopening of Strait of Hormuz
While announcing the Iran-US peace deal, Trump also confirmed the reopening of Strait of Hormuz and assured that trade via the route can resume.
"The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!," read a post by Donald Trump on Truth Social.