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President Donald Trump announced an interim deal with Iran to reopen the Strait of Hormuz at the G7 leaders summit in Evian, France.
According to President Trump, the interim deal with Iran has been signed and the Strait of Hormuz is already partially open.
President Trump predicted that the Strait of Hormuz will be completely open by Friday.
Vice President J.D. Vance stated that the interim deal with Iran ensures the country will never acquire a nuclear weapon.
Vice President J.D. Vance asserted that Iran will not receive any U.S. taxpayer money under the terms of the interim deal.
The Bank of Japan raised its interest rate by 25 basis points to 1%, the highest level since 1995.
In a survey of 74 central banks, 45% indicated they plan to increase their gold reserves in the coming year.
President Donald Trump stated that the interim deal with Iran is signed and the Strait of Hormuz is already partially open.
The U.S. and Israel launched attacks on Iran less than two weeks before the U.S. announced a coordinated release from the Strategic Petroleum Reserve in March.
Vice President J.D. Vance claimed that Iran's conventional military and nuclear weapons program have been destroyed.
Vice President J.D. Vance stated the interim agreement with Iran specifies that passage through the Strait of Hormuz will be toll-free.
According to Iranian sources, the agreement for toll-free passage through the Strait of Hormuz is only valid for 60 days.