The United States and Iran have agreed to end the war and reopen Hormuz. What the media is writing

The United States and Iran have reached an interim agreement on ending the war and opening the Strait of Hormuz. The signing of the agreement, the text of which has not yet been announced, will take place on June 19. US President Donald Trump has announced the lifting of the naval blockade on Iranian ports. Against the background of these events, the price of oil has plummeted. How the world's media react to the imminent end of the conflict is in the Izvestia digest.

Bloomberg: The United States and Iran have agreed to end the war and resume oil supplies

The United States and Iran have announced an interim agreement to reopen the Strait of Hormuz, which will end the war and pave the way for 60 days of negotiations on the fate of Tehran's nuclear program. Representatives of the two countries will meet in Switzerland on June 19 to officially sign the agreement, indicating that some aspects of the deal remain unresolved. Neither side has published the text of the agreement, which leaves the discussion of key contentious issues for the next stage of negotiations.

According to the analytical company Kpler, almost 600 ships are stuck in the Persian Gulf waiting for departure, and hundreds more are waiting to enter on the other side. Pakistani Prime Minister Shahbaz Sharif was the first to announce the agreement, followed by Trump and the Iranian state media, which presented the deal as a capitulation by the United States. Iranian officials said the text would be published after the signing of the agreement.

The Washington Post: Trump sought to break the Iranian regime, but limited himself to opening Hormuz

Trump is celebrating a return to the previous state of affairs in the world as of February 27, the day before the US and Israeli attacks on Iran. The semblance of the status quo is far from the original goals of the war, which began with a promise to come to the aid of Iranian protesters who took to the streets of the country to overthrow their regime. After Iran's supreme leader Ali Khamenei was assassinated in the first hours of the war, Trump told the Iranians that the moment had come to reclaim their country, but the uprising never happened.

Trump's approach has changed. Instead of calling on the Iranians to overthrow the leaders, he now focused on negotiating with them. The US president began to speak out against military actions that could endanger peace, publicly criticizing Netanyahu. Since the details of the agreement have not yet been made public, and nuclear issues remain in doubt, experts said it was too early to assess the full impact of the conflict.

The New York Times: Oil prices plummeted after the announcement of the Iran deal

Oil prices fell and stocks rose after the United States and Iran reached an agreement that Trump said would allow the Strait of Hormuz to reopen. The price of Brent crude oil fell by almost 5% to about $83 per barrel, continuing the decline that began last week, amid hopes that the agreement will restore navigation through the strait.

American WTI crude oil suffered the same losses, trading at about $81 per barrel. Futures on the S&P 500 index pointed to steady growth of 1.2%. Stocks in Asia, where countries import huge amounts of oil and gas, rose sharply. The main stock indexes of South Korea and Japan jumped by about 5%, while Taiwan's shares rose by about 3%.

Reuters: Trump is leaning towards withdrawing from the war with Iran, but risks remain

By reaching an agreement on a framework peace settlement with Iran, Trump may have found a way out of the unpopular war. However, he agreed to a deal that appears to fall short of many of the goals he outlined at the beginning of the conflict, potentially exposing himself to attacks from hardliners in his own party and leaving the United States in a strategically worse position than before the war began.

Trump, who promised to avoid foreign interference and focus on the economic problems of Americans, presented the results as a convincing victory for the United States, even despite similar statements by Iran. Nevertheless, most analysts agree that Trump has faced obstacles to achieving many of his frequently changing goals in this war. Washington's allies in the Persian Gulf, who were subjected to missile and drone attacks by Iran, insisted on a peaceful settlement, but now they have to face the prospect that a weakened neighbor will still be able to threaten them with its remaining arsenal.

Pause: Why the US-Iran deal does not guarantee peace

The agreed memorandum will unblock the Strait of Hormuz, but will not solve the problems of the nuclear program and sanctions.

Associated Press: Trump heads to G7 summit with tailwind

Trump will travel to the French Alps on June 15 to meet with other world leaders at the G7 summit after announcing an agreement that he said would end the U.S. war with Iran. Trump and Iranian officials had been declaring progress on reaching an agreement for several days, but even on June 14, the situation looked shaky after a new series of strikes between Israel and Iranian-backed Hezbollah fighters in Lebanon.

Concluding an agreement before leaving for the summit could certainly change the dynamics of the meeting for Trump. He criticized the four European leaders — all members of the NATO military alliance — for not providing enough support to the United States in the conflict. According to the White House, Trump will discuss the issue of demining the Strait of Hormuz. The United Kingdom and France have expressed interest in providing assistance. Fear of potential mines is one of the reasons tanker traffic stops during times of war, and their rapid clearance will be crucial to restoring the trust of commercial vessels.