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US and Iran finalize agreement
President Donald Trump signed a memorandum of understanding with Iran at the Palace of Versailles, France, aiming to end hostilities and establish a framework for normalizing relations. The agreement commits both countries to achieve a final deal within 60 days, with the US allowing Iran to export oil and provisions for reopening the Strait of Hormuz, and includes plans for a $300 billion reconstruction fund for Iran. The signing follows historic parallels with the Treaty of Versailles, which ended World War I and contributed to subsequent conflicts.
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