Fri, Jun 12 11:40 AM

Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says

CNBC•Fri, Jun 12, 2026, 10:18 AM•2 min read

U. S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed.

Source: [CNBC](https://www.cnbc.com/2026/06/12/iran-us-peace-memo-strait-hormuz-oil-sanctions.html)

📰 Read Full Story

This is an aggregated headline summary. For the complete report, visit the original publisher.

More Headlines

FinanceMarketWatch• 8m ago

Some 2026 World Cup predictions from AI models are going against tradition to pick the underdogs. Here’s why.

FinanceSeeking Alpha• 9m ago

Developing story — details emerging. Check the source link for the latest updates.

FinanceSeeking Alpha• 9m ago

Developing story — details emerging. Check the source link for the latest updates.

FinanceSeeking Alpha• 10m ago

Developing story — details emerging. Check the source link for the latest updates.

FinanceSeeking Alpha• 10m ago

Developing story — details emerging. Check the source link for the latest updates.

SportsYahoo Sports• 13m ago

The New York Yankees have spent much of the 2026 MLB season near the top of the American League standings, but even contenders have weaknesses.