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  • 4 months ago
An interim deal to end the war between the U.S. and Iran takes effect as oil tankers sail through the Strait of Hormuz.

Full story: https://www.rappler.com/world/middle-east/first-tankers-cross-strait-after-iran-deal-june-18-2026/

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00:01An interim deal to end the war between the U.S. and Iran takes effect as oil tankers sail through
00:06the Strait of Hormuz.
00:07But key issues remain unresolved between the two countries.
00:11Oil prices dropped to their lowest level since the war began on February 28,
00:15as analysts say exports through the Strait could return to normal in the coming months.
00:20The deal gives negotiators 60 days to reach an agreement on the status of Iran's nuclear program
00:25and sets up a $300 billion reconstruction fund for Iran and other financial incentives.
00:30Even then, Israel continues its war against Hezbollah in Lebanon,
00:34raising questions about whether the agreement would hold.
00:37Some of U.S. President Donald Trump's Republican allies in Congress
00:41also questioned whether he had given up too much in order to end the conflict.
00:45Iran's Supreme Leader Ayatollah Mojtaba Khamenei says Trump signed the deal out of desperation.

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