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The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.
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Stocks were mixed after strong rallies the day before.
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Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
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The prime minister said he was "very pleased for my family's sake" that two men had been convicted of the 2025 arson attacks.
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Plus, a counterclockwise mystery.
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New Yorkers, from bartenders to teenagers to TV celebrities, turned the city orange and blue in an unusual but welcome sign of unity.
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Vice President JD Vance spoke with NBC News' Tom Llamas about the announcement of a deal being reached between the U.S. and Iran to end the war in the Middle East. Vance said that nuclear inspectors will be allowed back into Iran under the agreement, as a signing ceremony is set to be held in Switzerland.
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The US vice-president says the agreement is "about a page and a half" and "very general", meaning many details will be worked out later.
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;Resize=(620)) June 15, 2026 | U.S. President Donald Trump provides few details while promoting his new peace deal with Iran. Toronto police shoot at a 12-year-old who they say struck an officer with a car. And, 12 people are injured at a popular B.C. waterpark.
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Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.
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"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.
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