BlockBeats News, June 15th, Israel "spoils" post-US-Iran Peace Agreement. In the early morning of the 15th Beijing time, both the Prime Minister of Pakistan and the US President Trump stated that the US and Iran had reached an agreement. Trump announced the approval of free passage through the Strait of Hormuz and authorized the immediate lifting of the US Navy blockade against Iran.

The Iranian Deputy Foreign Minister also confirmed that the US-Iran Memorandum of Understanding text has been finalized and will be formally signed in Switzerland this Friday (June 19th). The Deputy Foreign Minister of Iran revealed that the text of the Memorandum of Understanding will be released after the formal signing; negotiations for the final agreement will take place within 60 days, focusing on sanctions relief, the nuclear issue, defining the final mechanism for Iran's reconstruction, and supervision and enforcement issues.

Prior to this, Israel conducted an airstrike on the Lebanese capital, leading to the risk of another deadlock in US-Iran negotiations. It is reported that Iran canceled its plan to retaliate against Israel for the airstrike on Lebanon at the last minute, as Trump intervened through intermediaries. The Iranian Deputy Foreign Minister stated that one of Iran's conditions for not retaliating against Israel was its withdrawal from southern Lebanon.

Impacted by the easing of the Middle East situation, spot gold rose 2% at the Monday open, spot silver surged above $70, WTI crude oil fell by 5%, Nasdaq futures rose over 1%, and the market also reduced bets on a Fed rate hike.