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President Donald Trump announced a memorandum of understanding with Iran to end nearly four months of conflict, including reopening the Strait of Hormuz and lifting the U.S. naval blockade. The agreement, a strategic pause rather than a permanent solution, extends a ceasefire for 60 days during which nuclear negotiations will take place. While the deal has eased oil market tensions and attracted international support, questions remain about Iran’s compliance, regional stability, and the long-term effectiveness of the agreement.
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