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Iranian Foreign Ministry Spokesperson: According to the agreement, the 60-day period begins today.

Iranian Foreign Ministry Spokesperson: The Strait of Hormuz issue is the responsibility of Iran and Oman.

Iranian Foreign Ministry spokesman: Negotiations will begin immediately to establish a mechanism for implementing the agreement.

Iranian Foreign Ministry spokesman: The United States has pledged to remove all obstacles to Iran's access to its frozen funds.

Central Bank of Brazil: The committee reiterated its commitment to remaining calm and cautious in the implementation of monetary policy.

Iranian Foreign Ministry spokesman: Iran's oil sanctions should be lifted and Iran should immediately begin a 60-day period of oil exports.

Iranian Foreign Ministry spokesperson: Within 60 days, the other party should not send more troops to the Middle East or impose new sanctions.

Iranian Foreign Ministry Spokesperson: It's a matter of exchanging promises for promises.

Iranian Foreign Ministry spokesperson: A fee will be charged for ship services.

Iranian Foreign Ministry spokesman: Iranian nuclear materials will not be shipped out of the country.

Iranian Foreign Ministry spokesman: Iran's missiles are only for launching, not for negotiations.

Iranian Foreign Ministry Spokesperson: We don't like our missiles to be discussed (the issue of guidance missiles is not negotiable).

Iranian Foreign Ministry spokesman: The negotiating delegation will still attend the meeting in Geneva, Switzerland as planned.

Iranian Foreign Ministry spokesman: We believe the text of the agreement should exist in electronic form and be signed by the presidents of both countries.

According to Axios: Two U.S. officials said the U.S. and Iran signed a memorandum of understanding on Wednesday to end the war, which is now in effect.

On June 18th, according to the Wall Street Journal, Apple (AAPL.O) CEO Tim Cook stated that Apple plans to raise product prices to offset soaring costs of memory and storage chips. "Unfortunately, price increases are inevitable," he said. "We are doing our best to mitigate these enormous price increases that are being passed on to us, and we have been trying to protect our customers from these price hikes, but the current situation has become unsustainable." Cook declined to disclose the timing or magnitude of the planned price increase, or which products would be affected. Cook stated that memory and storage chip prices are issues facing the company, and he paid particular attention to the DRAM market, noting that more and more resources are currently being allocated to so-called high-bandwidth memory used in AI servers. "Consumers need devices, and memory manufacturers are pushing up prices while supply is decreasing," Cook said. "We really need memory prices and supply to return to a level that is reasonable for consumer products. That's the key." Cook also stated that Apple is prepared to use its cash reserves to increase memory supply. He said, "We are willing to use our balance sheet to address some of the issues. Obviously, more capacity is needed." However, Cook also stated that Apple will not use its cash and silicon technology to build its own memory and storage factories. “We can’t do everything at once, but we know where our strengths lie.”

Apple (AAPL.O) shares rose slightly in after-hours trading, currently up 0.7%.

The Dow Jones Industrial Average closed down 506.51 points, or 0.97%, at 51,493.16 on Wednesday, June 17; the S&P 500 closed down 91.22 points, or 1.21%, at 7,420.13; and the Nasdaq Composite closed down 354.69 points, or 1.34%, at 26,021.66 on Wednesday, June 17.