Investors and economies reliant on oil respond positively
RichC | June 16, 2026
Yesterday’s announcement of a preliminary Memorandum of Understanding (MOU) between the US and Iran marks a significant step toward de-escalation after months of conflict. The interim agreement, which includes reopening the Strait of Hormuz to commercial shipping, has already delivered tangible relief to global markets. President Trump stated that the strait “will be completely opened” […]