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President Trump announced that the United States and Iran have reached a peace agreement, leading to the reopening of the Strait of Hormuz and the removal of the U.S. naval blockade. The deal, announced by Pakistani Prime Minister Shehbaz Sharif, includes the cessation of military operations across the region and is scheduled for formal signing in Switzerland. The agreement aims to restore regional stability and facilitate oil flow, with Iran and other mediators preparing for further negotiations during a 60-day ceasefire period.
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