Iran and US agree on ceasefire and blockade lift

Iran and the United States have reached an agreement for a comprehensive ceasefire and the lifting of Iran's maritime blockade. The final draft of the memorandum of understanding is scheduled to be signed in Switzerland on June 19. After the signing, the Strait of Hormuz will be reopened. Iran will also enter into a 60-day negotiation period regarding its nuclear program and sanctions relief, provided that Washington adheres to its initial commitments.

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