US Iran Peace Deal | What Do We Know About The 14-Point Memorandum Of US-Iran Peace Deal?
The United States and Iran have reached a peace deal for an "immediate and permanent" end to military actions on all fronts, including Lebanon, signalling
The United States and Iran have reached a peace deal for an "immediate and permanent" end to military actions on all fronts, including Lebanon, signalling the apparent end to more than three months of war in the Middle East. The peace deal, which was initially announced by mediator Pakistan, has been confirmed by Washington and Tehran. The deal marks the war's biggest diplomatic breakthrough and buys time for negotiations over unresolved nuclear questions.
The agreement, according to parties involved in the negotiations, is designed to restore shipping through the vital Strait of Hormuz, easing pressure on global energy markets The strait may not reopen fully just yet, as mine-clearing, repairing infrastructure and guaranteeing security could take time before a full return to pre-war shipping volumes. Before the war, the Hormuz route handled about 20 per cent of global oil and liquefied natural gas.
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