US, Iran Agree to Ceasefire, Reopen Hormuz
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- Donald Trump announced a US-Iran ceasefire agreement on 14 Jun 2026, with the deal specifically aimed at ending the war and reopening the Strait of Hormuz.
- Pakistan, Qatar, and Iran have all confirmed the agreement, which is set to be formally signed in the coming days.
Why it matters: Reopening the Strait of Hormuz — one of the world's busiest oil shipping lanes — directly affects global energy flows; the fact that the deal is confirmed by three regional parties (Pakistan, Qatar, Iran) signals broader diplomatic buy-in, though the announcement is not yet a signed accord.
