US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen
The United States and Iran have agreed a deal to end the war, the BBC reports. The statement says there will be an immediate and permanent termination of military operations on all fronts, including Lebanon. US President Donald Trump said the Strait of Hormuz will reopen.
The United States and Iran have agreed a deal to end the war, the BBC reports. According to a joint statement released via Pakistan, the parties declared an immediate and permanent termination of military operations on all fronts, including in Lebanon.
US President Donald Trump said the agreement will see the Strait of Hormuz reopened to commercial traffic. The BBC says implementation details for monitoring transit security are expected to be clarified in the coming days. Oil prices reacted positively to the announcement.
Diplomatic sources say the deal rests on a framework that triggers a 60-day window of further negotiations. The BBC reports that Iranian officials say the Israeli leadership is uncomfortable with the agreement but is accepting a step that lowers regional tension. Energy and security markets are critical for investors. None of this constitutes investment advice.
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