Business News Update — June 14, 2026 6 PM Eastern

Clockwise Business News — A landmark peace deal between the US and Iran includes waiving critical oil sanctions, poised to significantly reshape global energy markets and trade flows. This is Clockwise business news, 6:30 PM Eastern. The expected agreement involves Iran reopening the vital Strait of Hormuz and the US releasing $25 billion in frozen Iranian assets. This could dramatically increase global oil supply and potentially stabilize prices. While welcomed by many, some Iranian officials question the timing amidst recent regional tensions.