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US-Iran Peace Agreement Includes Ormuz Reopening
US-Iran Peace Agreement Includes Ormuz Reopening
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
The White HouseYou | 53 | 8 | -44% | 366 | 56 |
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US Vice President JD Vance canceled his June 19 trip to Switzerland for signing a memorandum with Iran. The White House cited complex logistics, though the memorandum was already electronically signed.
US and Iran officially signed a truce agreement at Palace of Versailles, ending 110-day conflict. Deal includes $300 billion reconstruction plan, lifting sanctions, nuclear program restrictions, and unfreezing $20 billion Iranian funds.
Iran's Supreme Leader Mojtaba Khamenei gave permission for peace agreement with US despite initial disagreement, claiming Trump acted desperately. The 14-point deal includes nuclear guarantees and $300 billion reconstruction funding.
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