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US and Iran inch closer to deal, but timing remains unclear

The United States and Iran have agreed on the wording of a draft peace deal to end their war, but the exact timing of when the agreement will be finalised remains unclear. Pakistani Prime Minister Shehbaz Sharif, who has been mediating the talks, announced that a final agreed-upon text of the peace deal has been reached between the United States and Iran, with subsequent actions to be determined by mediators. Pakistan, which has taken a proactive role in mediation, is coordinating with the involved nations on the next steps forward. According to three regional officials, the anticipated agreement is expected to facilitate the reopening of the Strait of Hormuz, gradually lift sanctions on Iran, and allow the release of Iranian assets that have been frozen. A senior U.S. official revealed that pivotal elements of the emerging agreement involve the removal […]

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