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US-Iran to sign a ‘peace deal’ on Friday: What we know so far

US-Iran to sign a ‘peace deal’ on Friday: What we know so far

Summary

President Donald Trump announced that the United States and Iran will sign a peace deal this Friday to end the war that started after a US-Israeli attack on Iran in February. Iran confirmed the ceasefire and said the war would officially end early Monday, with further talks planned over the next 60 days.

Key Facts

  • The war between the US and Iran began on February 28 after a US-Israeli assault on Iran.
  • Pakistani Prime Minister Shehbaz Sharif, who helped mediate talks, announced the agreement first.
  • The deal includes a permanent end to fighting on all fronts, including Lebanon.
  • The US will lift its naval blockade and reopen the Strait of Hormuz within 30 days.
  • Negotiations on a final agreement will continue for 60 days to ensure all commitments are met.
  • The deal involves suspending sanctions on Iranian oil sales and releasing $24 billion in frozen Iranian assets.
  • Vice President JD Vance said the ceasefire could lead to a new era in the Middle East and confirmed that the US aims to prevent Iran from acquiring nuclear weapons.
  • Iran’s deputy foreign minister said the agreement’s effectiveness depends on the US fulfilling its promises.
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