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Originally published by The Standard
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June 17, 2026
10h ago

G7 backs Iran deal as Hormuz reopens to shipping

G7 backs Iran deal as Hormuz reopens to shipping

G7 countries welcome agreement between the United States and Iran that clears the way for ships to return to the Strait of Hormuz, the corridor through which a fifth of the world's oil passes...

✨ Key Highlights

The G7 leaders, meeting in France, have welcomed an agreement facilitating the reopening of the Strait of Hormuz to shipping, a vital corridor for global oil transport.

  • The deal, brokered by the United States with support from mediating countries, aims to prevent Iran from acquiring nuclear weapons and resolves a standoff that had disrupted shipping.
  • G7 leaders pledged their strong support for a comprehensive diplomatic agreement, with the International Atomic Energy Agency (IAEA) expected to participate in follow-up negotiations.
  • A multinational naval mission, led by France and the United Kingdom, will ensure the safety of merchant vessels; over 40 nations have pledged support for this initiative.

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