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The Independent UK
The Independent UK
National
Alisha Rahaman Sarkar

Trump announces peace deal has been reached with Iran

  • US and Iranian officials have agreed on a framework to end their conflict, halt the US blockade of Iran, and reopen the Strait of Hormuz.
  • The agreement was announced by US President Donald Trump on Truth Social and confirmed by Pakistani Prime Minister Shehbaz Sharif.
  • A memorandum of understanding is scheduled for official signing on Friday in Switzerland.
  • Mr Trump said that the Strait of Hormuz, a vital shipping route, would reopen on Friday, and ordered an end to the US blockade of Iranian ports.
  • Following the news, global oil prices, including Brent crude and US West Texas Intermediate, fell significantly.

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