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Leaders to sign agreement on Friday for reopening of waterway and end to US naval blockade of Iranian ports

A liquefied natural gas tanker that has been trapped in the Persian Gulf for over three months appears to be heading toward the Strait of Hormuz, just as the US and Iran say they have reached a deal to reopen the waterway.

“We are prepared to lift relevant sanctions in response to clear, verifiable steps by Iran on its nuclear programme,” according to a joint statement from the leaders of the UK, France, Germany and Italy.

Analysts warn oil flows may be slow to recover and remain vulnerable to renewed disruption

All the concerns about this World Cup, spanning extreme heat to transportation headaches and record ticket prices, failed to tarnish the opening days of the tournament. Bloomberg reporters are on the ground. (Source: Bloomberg)

US, Iran reach deal to end war, signing set for Friday Reuters

Japanese and Korean stocks gained after oil prices fell as Donald Trump said the US and Iran will sign a peace deal later this week to reopen the Strait of Hormuz.

Agreement will extend ceasefire by 60 days, reopen the Strait of Hormuz and begin nuclear negotiations

The US and Iran reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for negotiations on the fate of Iran's nuclear program. (Source: Bloomberg)

cientists spent five years designing World Cup 2026 playing surfaces so fields in Miami, Mexico City and Vancouver would perform the same way.