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Washington announced that the Strait of Hormuz will be "permanently exempt from tariffs" under its agreement with Iran, and that if a final nuclear deal is not reached, the United States will resume military strikes against Tehran. Pakistani Prime Minister Shehbaz Sharif also confirmed that a peace agreement has been reached between the United States and Iran, including an immediate and permanent halt to military activities, with a signing ceremony scheduled for June 19 in Switzerland.
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