18 June 2026 - Market Update | Emirates NBD
Geopolitical Developments & Global Trade
- Iran Interim Agreement: President Trump signed an interim memorandum of understanding (MoU) with Iran at the Palace of Versailles on Wednesday, June 17, 2026 [00:00:03].
- Strait of Hormuz Reopening: The signing occurred two days ahead of the Friday deadline, successfully ending the immediate conflict and paving the way to reopen the critical Strait of Hormuz maritime chokepoint [00:00:12].
References
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