United State President Donald Trump on Sunday confirmed the frame work to end the war against Iran, authorizing the end of the U.S. naval blockade on Iranian ports and toll-free access to the strait.
Mediated by Pakistan, Qatar, Saudi Arabia, and Turkey, pre-implementation talks start this week ahead of a June 19 signing in Switzerland.
Oil prices dropped over 4% to $81 per barrel, though Israel rejects withdrawal from southern Lebanon and key issues like Iran’s nuclear program await future talks.

