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The deal to end fighting and re-open the Strait of Hormuz leaves the sides where they were 24 hours before the war - only with thousands now dead.
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Trump says a deal has been reached to end the war between the U.S. and Iran. Plus, this is what extreme temperatures do to the human body — and how you can keep yourself safe.
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Some world leaders hailed the deal, but many in the Middle East were cautious, saying important details remain to be settled and warning the accord could easily fall apart.
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The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended.
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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.
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The deal follows weeks of mixed messaging from both Washington and Tehran on the trajectory of the conflict.
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After enduring months of conflict, ordinary people in Iran were relieved to hear about the deal. Opposition groups were disappointed.
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Iran claimed the deal would extend to fighting in Lebanon but no details of the agreement were made public and Israel said its forces would remain there.
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