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The United States and Iran have reached a peace agreement that signifies an immediate and permanent halt to their military operations. This comes after a military escalation that began last February and an uncertain outlook for the future. The agreement aims to end the maritime blockade and reopen the Strait of Hormuz for navigation. It includes the signing of a memorandum of understanding that encompasses preliminary rounds and two months of negotiations to discuss nuclear and security issues. The deal has faced challenges, including an Israeli raid on Lebanon. The understanding was secured through the efforts of mediators, though the possibility of renewed escalation remains if the final negotiations fail.
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