Trump Signs U.S.-Iran Deal Reopening Hormuz Strait Oil Shipping, 60-Day Nuclear Window

According to MarketWatch, on June 17, President Trump signed a U.S.-Iran memorandum of understanding establishing a framework for peace. The agreement includes an immediate ceasefire, reopening of Hormuz Strait oil shipping routes, lifting of U.S. naval blockades on Iran, and a 60-day window for broader nuclear negotiations. Iran currently holds approximately 150 million barrels of oil in offshore storage awaiting export.

Oil prices and U.S. Treasury yields have declined following the agreement, creating a looser financial environment for equity markets. Market analysts view the de-escalation as a positive signal for stocks, particularly technology and U.S. reindustrialization-related investments, though gold faces headwinds from falling yields and reduced geopolitical risk premiums.