US and Iran Agree to Halt War, Restart Middle East Oil Shipments

June 15, 2026, 4:14 AM UTC

The US and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for 60 days of negotiations on the fate of Tehran’s nuclear program.

Officials from the two countries will meet in Switzerland on June 19 to formally sign the agreement, a decision that suggests aspects of the deal remain unresolved. Neither side has released a text, leaving key sticking points for the next stage of talks.

But Trump on Saturday had promised an agreement would be reached on Sunday — his 80th birthday ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.