US Iran peace deal to be signed Sunday as Hormuz reopens
US President Donald Trump has announced that a deal between the United States and Iran is set to be finalized on Sunday, and that the Strait of Hormuz will reopen right after the agreement is signed. Pakistan, which has been mediating the talks, said a final agreed-upon text of a US-Iran peace deal has been reached, with only next steps needing clarification. The deal is expected to reopen the Strait of Hormuz, extend the current ceasefire, and begin negotiations on Iran's nuclear programme. Under the terms of the proposed deal, the Strait of Hormuz would reopen to shipping, returning to the situation that existed before the US and Israel launched their recent military action against Iran. The ceasefire is expected to continue for a further 60 days, with conflict ending across multiple fronts including Lebanon. The proposed memorandum of understanding […]