The deal announced between the US and Iran will extend their ceasefire by 60 days and reopen the Strait of Hormuz, a first step in easing a global energy crisis that could lay the foundations for an end to the war.
The memorandum of understanding comes after a week of frantic diplomatic activity by regional mediators amid clashes that threatened to plunge the adversaries back into full-blown conflict.
Details have not been announced, but this is what we know so far:
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