Sources
Bloomberg — 2026-06-15#
Lead Story#
The US and Iran have reached an interim peace agreement to halt their nearly four-month war and reopen the critical Strait of Hormuz, triggering a massive relief rally across global markets,. President Donald Trump, currently at the G7 summit in France, declared the waterway would be fully open by Friday and emphasized Iran’s commitment to halting its nuclear weapons program,. The diplomatic breakthrough sent oil plunging to a three-month low while US equities and Treasuries surged as investors scaled back bets on aggressive Federal Reserve interest-rate hikes,.