Experts warn the impact of the war will continue to affect the global economy for months to come.
The United States and Iran, as well as mediator Pakistan, have provided few details about the preliminary deal announced on Sunday to bring an end to the US-Iran hostilities that have engulfed the region and threatened global energy supplies. Mediators will continue meeting this week ahead of ...
Stocks rose on Monday after the U. S. and Iran reached a tentative deal to end hostilities, with oil prices falling ahead of the potential opening of the Strait of Hormuz.
Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.
President Trump and French President Emmanuel Macron are scheduled to meet Monday at the G7 summit in France. The meeting comes after the Trump administration on Sunday reached a preliminary deal with Iran that it said would open the Strait of Hormuz.
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