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 t»»»

DUBAI/WASHIGNTON (June 15): US and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Tehran's nuclear program to further negotiations. While still a framework, the deal marked»»»

The US president said the Strait of Hormuz, a major shipping route for global oil and gas supplies, would reopen on Friday. (EPA Images pic) DUBAI: US and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices f»»»