Interstate Moving Experts

Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.

President Donald Trump issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France.

The agreement came after more than three months of stop-start negotiations and bouts of fighting since late February, roiling global energy and commodities markets.

The deal follows weeks of mixed messaging from both Washington and Tehran on the trajectory of the conflict.

Javice founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.

The leaders also discussed Iran, with Trump saying a U.S. agreement with Tehran was close.

The president has sought to tie Sunday’s event to larger, months-long celebrations of the 250th anniversary of the signing of the Declaration of Independence.

An initial deal to end the war and open the Strait of Hormuz was expected to be signed this week.

The Iran war has drawn the world’s focus, but the G7 is also likely to address Russia’s war against Ukraine, which continues to rage in eastern Europe.