If the full reopening of the Suez Canal were to occur, it would directly affect approximately 20% of global oil shipping flow.

BlockBeats News, June 15th, President Trump of the United States announced that a peace agreement had been reached with Iran to end the conflict, stating that both parties would "immediately and permanently cease all military actions" and work to reopen the Strait of Hormuz to restore the global energy transportation passage.

Trump stated that the agreement was finalized on his birthday and is scheduled to be formally signed at a ceremony in Switzerland on Friday. He posted on social media saying "Let the oil flow" and announced the lifting of the U.S. Navy's blockade of the strait.

According to Pakistani officials involved in the mediation, both sides have agreed to a ceasefire and cessation of military actions, and plan to conduct a series of technical consultations before the formal signing to work out the follow-up implementation mechanism, including key issues such as the Iran nuclear program and regional security arrangements.

Reports indicate that the core content of the agreement has not been made public, including key controversial points such as the future direction of Iran's nuclear plan that remain unresolved.

In the market, as expectations of easing tensions rise, crude oil prices are under pressure. Analysts believe that if full shipping resumes in the Strait of Hormuz, it will directly affect about 20% of global crude oil transportation flow, significantly suppressing the energy market.

However, the reports also point out that the agreement still faces high uncertainty, including whether Israel will accept the agreement, whether regional conflicts will be fully de-escalated, and whether the implementation mechanisms of all parties can be realized, all of which may affect the final outcome.

It is widely believed that while this agreement marks a significant cooling of tensions, it is closer to a phased ceasefire framework rather than a final political solution.