Brisbane Times
·australia
·3 hours ago
Trump signs preliminary deal to end Iran war amid shipping disruptions
US President Donald Trump signed a preliminary deal to end the war in Iran, but shipping through the Strait of Hormuz may not return to normal for months. More than 500 vessels remain stranded, and shipping experts warn that mines pose significant risks to transit. The global oil benchmark Brent crude dropped to $78.33 as expectations for energy flow stabilize.
Summary by OZbrief · Brisbane Times
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