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Price of oil plummets after U.S.-Iran peace deal announced
Brent crude dips to $83 per barrel after markets open, having previously sitting above $90 a barrel for nearly entire conflict
Far Right
BizPac Review
Oil plummets after tentative US-Iran peace deal announced
Far Right
Oil prices dropped to their lowest point since March on Monday after President Donald Trump announced a tentative US-Iran peace deal. Brent crude dipped to $83 per…
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9 related stories from other outlets
The Guardian
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Trump news at a glance: Long way to Friday and Iran peace deal signing
‘A compromise deal packed with fudges’; Newsom says Trump weaponizing justice department against him. Key US politics stories from Monday 15 June at a glanceNews of a potential reopening of the strait of Hormuz, through which a fifth of the world’s oil and liquid gas pass, sent stock markets higher and oil prices lower on Monday morning. Iran had closed…
Center Left
Democracy Now!
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Trita Parsi on What May Be in the U.S.-Iran Peace Deal & Being Threatened with Deportation
The U.S. and Iran reached a memorandum of understanding on Sunday extending the ceasefire by 60 days. It is set to be formally signed in Geneva on Friday. The text of the agreement has not yet been released, but Iran has agreed to reopen the Strait of Hormuz, while the U.S. will lift its naval blockade. According to Iran, the deal calls for a permanent and…
Far Left
Axios
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What a U.S.-Iran peace deal could mean for energy, inflation
The prospect of a reopened Strait of Hormuz and a pending U.S.-Iran peace deal could help ease the big inflation risk hanging over Kevin Warsh's first Federal Reserve meeting as chairman."Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," President Trump said Monday morning in a post on Truth Social.Friction point: Lingering…
Center Left
The Hill
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Thune says Congress needs more information about US-Iran peace deal
Senate Majority Leader John Thune (R-S.D.) says he doesn’t yet have enough information to make a judgment about the peace deal between the United States and Iran announced by President Trump on Sunday, and he urged the administration to send senior officials to Capitol Hill to brief lawmakers on the details. “I don’t know enough…
Center
NewsNation
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US-Iran peace deal takes center stage at G7 as Hormuz shipping stalls
Trump says the strait will be open after the signing, but experts warn clearing mines could take weeks.
Center
Bloomberg
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US, Iran to Sign Peace Deal in Switzerland on Friday
President Donald Trump says the Strait of Hormuz will be open by Friday. Officials say the US and Iran are due to sign their interim peace deal in Switzerland on Friday. For now, Trump is still at the G7 in France. Bloomberg's Tyler Kendall has the latest. (Source: Bloomberg)
Center
Washington Examiner
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Trump says ‘fake news’ US will pay Iran as part of peace deal
President Donald Trump denied claims that the United States would pay Iran as part of a peace deal. The details of the peace agreement with Iran haven’t been made public, but one reported detail was a $300 billion reconstruction fund that would be paid for by the U.S. or its allies. Trump firmly shot the…
Center Right
New York Post
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Netanyahu calls Iran peace deal ‘Trump’s decision’ — but defends it after anger from Israeli pols
Israeli Prime Minister Benjamin Netanyahu is under fire from even his own allies who slammed the current US-Iran peace deal as a wreck that fails the needs of the Jewish state.
Right