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US Business · cnbc.com · Sunday, 14 June 2026

Trump says Iran deal will reopen Hormuz Sunday, oil markets brace

President Trump posted that a U.S.–Iran agreement will be signed Sunday, instantly reopening the Strait of Hormuz to all vessels. Iranian officials, however, warned the timing remains uncertain and a final decision is still pending. Traders are watching the claim closely as any reopening could lift a major bottleneck and shift oil prices.

Read the source: cnbc.com ↗In the 14 June issue →