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A week into the Iran-US agreement
The United States and Iran are no longer openly at war following a memorandum of understanding aimed at establishing a framework for lasting peace. The agreement has led to the reopening of the Strait of Hormuz for vessel traffic, boosting global oil flows and allowing Iran to resume oil exports. However, the deal includes uncertainties regarding long-term sanctions relief, international inspections, and regional tensions, particularly in Lebanon, where Israel remains concerned about Iran-backed proxy forces.
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