On June 14-15, oil prices and US stock indices experienced an uptick as discussions intensified regarding a formal agreement between the US and Iran, which could reopen the Strait of Hormuz for commercial shipping for the first time since March 2026. The Dow Jones Industrial Average increased by 0.5% to reach 50,902, while the S&P 500 gained 0.4%, hitting a new high of 7,594 in early trading, building on records set the previous day. The President has approved the lifting of the US naval blockade, but experts warn that even with the signing of the agreement, commercial vessels may not resume passage immediately due to the presence of mines from the conflict. Leaders of the G7 are anticipated to deliberate on a joint demining initiative with the participation of the UK and France to reassure shipping firms. Gas prices in the US continue to be high, and analysts predict it may take several weeks to return to pre-war levels, even post-agreement.
