US President Donald Trump and Iran’s president signed an agreement on Wednesday aimed at ending the Middle East war.
Oil prices plunged below $80 a barrel on Tuesday as optimism grew over the promised reopening of the Strait of Hormuz.
The U.S. and Iran struck a deal to end the Middle East war and reopen the Strait of Hormuz, details remain unclear.
US President Donald Trump said that a deal with Iran to end the war in the Middle East could be signed today, on Sunday 14 June.
The United States struck southern Iran on Thursday, drawing retaliation from Tehran against a US military base.
US military forces launched strikes on Iranian missile sites and mining boats on Monday, threatening a fragile ceasefire.
Trump urges US negotiators not to rush finalizing a deal with Iran despite nearing an agreement to end Middle East tensions.
Negotiations to reopen the Strait of Hormuz are advancing, with a deal nearly finalized among the U.S., Iran, and other nations, but uncertainty remains.
The Democratic Alliance urges the removal of the Road Accident Fund levy, citing corruption and inefficiency, and proposes alternative solutions.
Iran has demanded the release of frozen assets and an end to US naval blockades after the US rejected Tehran’s terms for peace negotiations.