The United States and Iran have brokered a peace agreement designed to end nearly four months of conflict in the Middle East, with senior officials from both nations confirming the accord. Central to the agreement is an immediate cessation of military activities across all theaters, including Lebanon. As a part of this pivotal deal, President Donald Trump has announced that the Strait of Hormuz,...
Oil prices on the global market saw a sharp decline on Friday following remarks from US President Donald Trump, who hinted at the possibility of a peace deal with Iran. This news sparked optimism about a potential reduction in tensions within the Strait of Hormuz, a key passage for oil and gas shipments worldwide. Brent crude prices momentarily dipped below $85 per barrel during...
