Do We Have a Deal? The Energy Report 06/12/2026

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Do We Have a Deal? The Energy Report 06/12/2026

blog.pricegroup

11 hours ago

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The oil markets — and markets around the globe — are closely watching whether a deal with Iran is imminent and when the Strait of Hormuz will be fully reopened. Energy markets got a solid peace dividend as President Donald Trump announced major progress toward a US-Iran agreement to extend the fragile ceasefire and reopen the Strait of Hormuz. Trump said “final points” of the deal have been approved by all parties, canceling planned U.S. strikes and signaling a memorandum of understanding could...

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