U.S. and Iran Sign Deal to End 100-Day War
The US-Iran ceasefire deal is the single biggest geopolitical development of the day -- ending a 100-day war, reopening the Strait of Hormuz, sending oil prices sharply lower and stocks surging. It directly affects US foreign policy, energy prices, and global stability. Israel's refusal to comply adds immediate tension.
The Morning Brief · June 15, 2026 · Based on reporting by NPR News
The United States and Iran agreed to a framework extending their ceasefire for 60 days, with a formal signing ceremony expected Friday and nuclear talks to follow. The deal ends a 100-day war that destabilized the Middle East and rattled global energy markets. The agreement includes the reopening of the Strait of Hormuz, sending oil prices sharply lower and equity markets higher.
The deal left critical issues unresolved, setting them aside for further negotiations. Israel immediately complicated the agreement: Israel's defense minister said the country would not withdraw from territory seized in Lebanon, a condition tied to the broader settlement. Reuters reported that Prime Minister Benjamin Netanyahu and President Trump are now on a collision course over the terms. Netanyahu had counted on the conflict to topple Iran's clerical government.
Sources
NPR News — U.S. and Iran announce a deal to end the war, reopen Strait of Hormuz
The deal is a major breakthrough in the conflict that set the Middle East aflame and shook the global economy. However, it did not resolve critical issues set aside for further negotiations.
AP News — Defense minister says Israel won't withdraw from Lebanon and Gaza
Israel's defense minister said Monday that Israel won't withdraw from land seized in Lebanon as the interim deal between Iran and the United States is pending.
Reuters — Netanyahu and Trump on collision course as US, Iran agree to halt war
Benjamin Netanyahu bet that his joint war alongside Donald Trump would topple Iran's clerical rulers and bolster himself ahead of elections at home, as the architect of a U.S.-Israeli alliance that worked against the deal.
Axios — U.S. and Iran reach deal to extend ceasefire and open strait
The U.S. and Iran agreed to a framework extending their ceasefire for 60 days, with a formal signing ceremony expected Friday and nuclear talks to follow.
