Shafaqna English– On Monday(15 Jun 2026), Asian stock markets saw strong gains, while the U.S. dollar lost ground and oil prices dropped sharply. This came after a preliminary peace agreement between the United States and Iran raised hopes of reducing global inflationary pressures and lowering the need for further interest rate hikes.
Early Monday on social media, Pakistani Prime Minister Shehbaz Sharif announced that an agreement had been reached. Meanwhile, President Donald Trump stated that the deal involved reopening the strategically crucial Strait of Hormuz, but he did not provide any specifics.
During a G7 summit taking place in France this week, Trump is scheduled to meet with leaders from the Middle East and also take part in a working session with Ukrainian President Volodymyr Zelenskiy.
Source: Reuters