Trump: The Strait Will Be Permanently Toll-Free, Resuming Strikes on Iran If Final Agreement Is Not Reached
June 15. The New York Times reported that U.S. President Donald Trump said in an interview Sunday afternoon local time that the deal he has brokered with Iran would ensure the Strait of Hormuz remains "permanently toll-free." He also noted that despite Netanyahu’s opposition, he had prevented Israel from suffering nuclear destruction. “He’s a very tough man, to be honest—he should be very thankful for what we did,” Trump said of Netanyahu. “Because if Iran possessed nuclear weapons, Israel might only have two hours left.”
Trump also insisted that if Iran fails to reach a final nuclear agreement with the U.S.—scheduled to start in Switzerland this Friday—he would either launch a military strike against Tehran or condition such a move on the U.S. receiving 20% of the region’s revenue, making the U.S. the "guardian of the Middle East."
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The US-Iran-IAEA Trilateral Agreement Confirmed, Gold, Silver, and Oil Experience Volatile Opening
June 15: Israel Undermines Post-U.S.-Iran Peace Deal
In the early hours of June 15 Beijing time, both the Prime Minister of Pakistan and U.S. President Donald Trump announced that the U.S. and Iran had reached a formal agreement. Trump confirmed approval of unimpeded passage through the Strait of Hormuz and authorized the immediate lift of the U.S. Navy’s blockade on Iran.
Iran’s deputy foreign minister further confirmed that the text of the U.S.-Iran Memorandum of Understanding (MOU) is final and will be formally signed in Switzerland this Friday, June 19. The Iranian official revealed that the MOU text will be released to the public only after the signing ceremony. Negotiations for a comprehensive final agreement are scheduled to wrap up within 60 days, focusing on four core areas: sanctions relief, the nuclear issue, defining a final framework for Iran’s reconstruction, and oversight and enforcement mechanisms.
Prior to this development, Israel carried out an airstrike on Le
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Trump: Strait of Hormuz to Reopen After Agreement Signing on Friday
On June 15, U.S. President Donald Trump celebrated a “significant agreement” as a key to delivering peace and security to the entire region. In a public statement, Trump claimed every prior attempt by U.S. presidents to broker a peace deal with Iran had ended in failure. “Before my administration, all of these efforts fell short,” he said. “Today, for the first time, regional leaders have a president capable of helping them achieve real peace.”
Trump further noted that after the agreement was signed on Friday, the strait will be opened to oil transport, allowing oil and gas to resume flowing to the region and global markets.
As of press time, WTI crude oil had declined by 3.87% to $81.538 per barrel.
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The Iran Nuclear Deal Memorandum of Understanding text has been finalized and will be officially signed in Switzerland this Friday.
June 15 (Local Time) – Iranian Deputy Foreign Minister Abbas Araghchi announced on June 15 that the text of the Tehran-Islamabad Memorandum of Understanding (MOU) has been finalized, and it will be formally signed in Switzerland this Friday, June 19.
During the upcoming 60-day negotiations with the United States, several key topics will be discussed: 1. Lifting all sanctions and related UN resolutions; 2. Nuclear issues; 3. Defining the final mechanism for Iran’s reconstruction; 4. Setting up an enforcement mechanism to oversee all parties’ compliance with their commitments. (FXStreet)
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The Iranian Media Releases Details of the Iran-US 14-Point Understanding Memorandum
On June 15, Iran’s Mehr News Agency released the full terms of the 14-point Iran-U.S. understanding memorandum. The key details are as follows:
1. Permanently and immediately halt all military hostilities across all fronts, including Lebanon.
2. The U.S. commits to refrain from meddling in Iran’s internal affairs and respect Iran’s sovereignty.
3. Fully lift the maritime blockade on Iran within 30 days.
4. The U.S. pledges to withdraw all its troops from areas surrounding Iran.
5. Subject to Iran’s coordination, the Strait of Hormuz will reopen within 30 days.
6. Suspend all sanctions on Iran’s oil, petrochemical, and derivative sales, and grant Iran full access to its entire financial resources.
7. The U.S. and its allies are obligated to provide Iran with a reconstruction package worth at least $300 billion.
8. Reach a final nuclear deal within 60 days, and fully terminate both U.S. primary and secondary sanctions on Iran, plus related resolutions from the U.N. Security Council and t
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Elon Musk's Wealth Could Surpass Bitcoin's Market Cap, with the gap between the two narrowing to just $80 billion during Friday's trading.
On June 15, Elon Musk’s net worth saw a major jump following SpaceX’s initial public offering (IPO), making him the world’s first trillionaire. Before the IPO, Musk’s fortune stood at roughly $780 billion. After SpaceX’s IPO pricing, his wealth surged by approximately $188 billion, landing at around $968 billion. SpaceX’s shares opened at $150, closed at roughly $161, and Musk’s net worth climbed to about $1.1 trillion, briefly hitting $1.2 trillion during intraday trading.
Per HTX market data, Bitcoin (BTC) traded near $64,000, with a total market capitalization of around $1.28 trillion. If SpaceX’s stock continues its strong performance, Musk’s wealth is poised to overtake Bitcoin’s market cap.
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