Bitcoin (BTC) is trading higher on June 15, 2026 after the United States and Iran announced a preliminary agreement to end the war that began in February and reopen the Strait of Hormuz.
The news was confirmed by officials from both countries and represents the greatest diplomatic advance since the beginning of the war (February 28)which disrupted global energy markets for more than three months.
According to reported Reuters, the memorandum of understanding will be signed next Friday in Switzerland. Although this is still a preliminary agreement, it contemplates the cessation of military operations and the reopening of the Strait of Hormuz, a route through which before the conflict circulated approximately a quarter of the oil transported by sea worldwide and nearly 20% of the world’s trade in liquefied natural gasas explained by CriptoNoticias.
The blockade in place since February reduced the flow of energy from the Middle East and raised inflation fears in many economies.
For that reason, any progress towards normalization of energy trade tends to be welcomed by the markets. Less pressure on oil prices reduces the risk of inflation and improves the outlook for assets considered risky.
The market reaction was immediate. Brent oil futures they fell about 4% in the first operations on Monday, while BTC is trading above $65,500 at the time of publishing this article.
US President Donald Trump celebrated the announcement via Truth Social: “The deal with the Islamic Republic of Iran is now complete. Congratulations everyone! I hereby fully authorize the toll-free opening of the Strait of Hormuz and simultaneously authorize the immediate lifting of the United States naval blockade. Ships of the world, start your engines! Let the oil flow!
Later he added: «This great agreement will bring peace and security to the entire region. Many presidents have tried to make peace with Iran, and they have all failed before me. “The region’s leaders have found, for the first time, a president who can help them achieve true peace.”
Negotiations are still pending
Despite the initial optimism, several central aspects of the conflict were left out of the announced agreement.
The agreement provides that, during a 60-day ceasefire period, Issues related to the Iranian nuclear program, the lifting of economic sanctions and other regional issues will be negotiated.
Furthermore, Israel is not a direct party to the memorandum and maintains differences with Washington over the scope of commitments related to Lebanon.
Israeli Defense Minister Israel Katz stated that Israeli forces will continue to operate in certain security zones in the region and warned that they will respond militarily to any Iranian aggression.
There is also another factor that explains the caution of the markets. Since the beginning of the war there have already been announcements of de-escalation and ceasefire proposals that Subsequently, they did not prosper or ended up deteriorating on the ground.
For that reason, although the announcement represents the most important diplomatic advance since February, investors will continue to pay attention to the official signing scheduled for Friday and, above all, for the commitments assumed by both parties to begin to be effectively implemented.