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US, Iran reach agreement to end war, signing set for Friday (opens original article in a new tab)

TL;DR

US and Iran reached a framework to end their war, halt the US blockade of Iran, and reopen the Strait of Hormuz, with a signing set for Friday in Switzerland. Oil prices fell on the news, and Iran's nuclear program will be discussed in future talks.

  • US and Iran agreed on a framework to end their war and reopen the Strait of Hormuz
  • Pakistani Prime Minister mediated the deal, with a signing scheduled in Switzerland
  • Oil prices dropped as the agreement was announced
  • Iran's nuclear program will be addressed in future negotiations

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