US and Iran Reach Preliminary Framework to Halt War and Reopen Hormuz
The agreement marks the strongest move towards ending the conflict, but formal signing, implementation and the nuclear question remain unresolved.
Country and regional coverage across the Gulf and wider Middle East.
The agreement marks the strongest move towards ending the conflict, but formal signing, implementation and the nuclear question remain unresolved.
Volker Türk called for good-faith implementation while raising concern over continuing violence and the humanitarian impact across the region.
Doha described the memorandum as a step towards sustainable peace and economic growth, with the Strait of Hormuz at the centre of implementation.
Saudi and Qatari shares advanced as investors reduced regional risk, while lower oil prices weighed on the energy sector.
A practical guide to why the waterway matters, how disruption reaches companies and consumers, and which indicators show that trade is truly normalising.
The political decision to reopen Hormuz can be made quickly; locating, identifying and neutralising maritime threats is a slower technical operation.
One visible LNG tanker has transited the strait, but shipowners say political agreement is not yet the same as safe, commercially insurable passage.
The agreement has shifted the summit agenda towards implementation, energy security, sanctions and the unresolved regional fronts.
The automatic update covers companies whose registered activities correspond to more than one category under the Unified Economic Classification.
The index reached 10,544 points in early trading as the regional de-escalation framework improved risk appetite.