US-Iran agree on 60-day ceasefire
Reports have revealed a draft agreement between the United States and Iran that includes extending the ceasefire for 60 days and reopening the Strait of Hormuz to navigation, with the aim of ending the military escalation between the two sides. The reports indicated that Iran has given its final approval of the draft through Qatari mediation, with negotiations ongoing regarding the uranium issue and the easing of sanctions. The agreement is expected to reduce tensions and lead to a decline in global oil and stock prices.
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