Peace deal between US and Iran announced, with strait of Hormuz expected to reopen

Article excerpt

After nearly four months of regional fighting, the US and Iran announced a peace deal early Monday, with Iranian deputy foreign minister Kazem Gharibabadi confirming it would halt hostilities immediately. The agreement comes days after an Israeli strike on Lebanon drew rebukes from both Iran and Donald Trump, who called for restraint on further airstrikes. The accord is expected to reopen the strategically vital Strait of Hormuz, a crucial chokepoint for global oil shipping. Details remain sparse, but the deal marks a significant diplomatic reversal in Middle East tensions.