๐ Geopolitical๐ Global
US and Iran Sign Deal to End West Asia War โ Here's What's in It
The HinduยทThursday, 18 June 2026
The US and Iran have signed a memorandum of understanding to end the war in West Asia, with Pakistan's PM confirming it has taken 'immediate effect'. The 14-paragraph deal includes an end to fighting, a pledge that Iran will never develop a nuclear weapon, and a $300 billion reconstruction package for Iran. Trump signed the document during dinner with French President Emmanuel Macron.
Why It Matters
This deal directly affects global oil supplies, the safety of the Strait of Hormuz, and energy prices โ all of which hit Indian consumers and businesses hard.
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