US and Iran sign peace deal to reopen Strait of Hormuz
Story essentials
Donald Trump, Iran
Middle East
June 15, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 16/16/2026, 4:31:13 AM
US President Donald Trump and Iran signed a memorandum of understanding to end the war. The Strait of Hormuz is expected to be fully reopened by Friday. Global markets reacted with relief, though central banks remain cautious.
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