Topic
us-iran peace deal
Energy & Petrochemicals #trump#sanctions
Trump Lets Sanctions Waiver on Russian Crude Expire as US-Iran Peace Deal Progresses
The Trump administration allowed the sanctions waiver on Russian crude oil to expire as the US and Iran signed a peace deal memorandum. The waiver had enabled India to import discounted Russian oil. With the Strait of Hormuz expected to normalize, India may pivot to Middle Eastern, Iranian, and Venezuelan crude.
Jun 18, 2026 1 source
Markets #stock market#sensex
Asian Markets Rally, Crude Plunges on US-Iran Peace Deal Announcement at Strait of Hormuz
Asian equities advanced sharply and crude oil prices fell steeply after signs of a preliminary US-Iran peace deal, including reopening of the Strait of Hormuz. Pakistan PM Shehbaz Sharif and US President Donald Trump confirmed the agreement, which boosts hopes of lower global inflation and reduced pressure on central banks.
Jun 15, 2026 1 source