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US and Iran likely to sign peace deal within 24 hours, ending months of conflict and easing energy tensions.

Market News
13 Jun 2026
Benzinga Senior Editor
View Source
Neutral
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The US and Iran are expected to finalize a peace agreement within 24 hours, potentially ending over three months of conflict that disrupted global energy supplies and raised gasoline prices. Pakistan's Prime Minister Shehbaz Sharif announced preparations for the electronic signing of the deal, with technical talks to follow. Key issues include reopening the Strait of Hormuz and Iran's nuclear program, with disagreements over uranium enrichment and frozen funds. The deal, if signed, could stabilize energy markets and reduce geopolitical tensions ahead of the upcoming G7 summit.

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