US and Iran reach framework deal to end war and reopen Hormuz

2026-06-14 · diplomatic · major

A framework agreement to end the fighting was announced by Pakistan's Prime Minister Shehbaz Sharif, with Trump posting that the deal was 'now complete' and authorizing 'the toll free opening of the Strait of Hormuz' and 'immediate removal' of the naval blockade; Iran said implementation would await formal signing and a 60-day nuclear negotiation window was set. Announced on a Sunday with US markets closed.

Brent next close -4.8% · +7 days -9.2% · transits 2.4 → 10.0 per day · reaction near an ordinary day (94.3th percentile)

Attribution caveat: 3 other major event(s) sit inside this one's ±7-day window (2026-06-11 Iran's military orders complete closure of the Strait of Hormuz; 2026-06-17 Trump and Pezeshkian sign Islamabad Memorandum ending war and blockades; 2026-06-20 Iran's military declares Hormuz closed again, citing Israeli MOU breaches), so the reaction is not cleanly separable.

Sources

PBS NewsHour · NBC News

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Computed, not asserted — every number here is derived from public data: official EIA Brent closes via FRED, IMF PortWatch transit counts, Polymarket and Kalshi odds, and source-linked curated events. Method and caveats · Atom feed · llms.txt

https://chokepointdata.com/event/2026-06-14-us-and-iran-reach-framework-deal-to-end-war-and-reopen-hormu/