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Iran deal: what it means for oil prices, gold and global markets
The US and Iran reached a provisional agreement on Sunday to halt hostilities and reopen the Strait of Hormuz, announced on President Trump's 80th birthday. The deal was confirmed by Pakistan, which had been facilitating negotiations, and by the Iranian side. The agreement is a memorandum of understanding rather than a fully signed treaty. It is due to be formally signed on 19 June. Critically, a 60-day window has been left to resolve the thorniest issues, including Iran's nuclear programme, its ballistic missile capabilities, and the scope of any sanctions relief. Differences have already emerged between the two ... (full story)
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- Jun 16, 8:20am | 5 hr ago Posted byFundamental Analysis142
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