Iran-U.S. Deal Could Reopen Strait
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Iran and the U.S. are on the verge of signing a historic deal to end the war, with Iran agreeing to reopen the Strait of Hormuz immediately and resume unrestricted oil exports—a move that could stabilize global energy prices. The agreement also includes $300 billion in U.S. reconstruction aid for Iran and the potential lifting of all U.S. and UN sanctions, contingent on future nuclear negotiations. This marks a dramatic reversal from the U.S. withdrawal from the 2015 nuclear deal. Beyond economics, the deal would halt fighting between Israel and Hezbollah in Lebanon and ease daily cost-of-living pressures worldwide. While details remain unclear and leaked drafts suggest phased benefits, the deal could reshape regional diplomacy and global markets within days.
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