
- US and Iranian officials announced a framework agreement to end the war, lift the US blockade of Iranian ports, and reopen the Strait of Hormuz.
- The deal, considered a major breakthrough after nearly four months of conflict, was welcomed by European leaders hoping for lower energy prices and the restoration of trade.
- However, the agreement immediately faced challenges as Israeli officials declared they were not bound by it and vowed to continue military operations in Lebanon.
- Iran and Pakistan asserted that the deal mandates an immediate and permanent cessation of military operations on all fronts, including Lebanon.
- The memorandum of understanding is set for official signing on Friday in Switzerland, with a 60-day ceasefire period to follow for further negotiations, including sanctions relief for Iran.
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