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

US and Iran reach deal to end war, with signing set for Friday in Switzerland, aiming to halt military operations and reopen critical shipping lanes.

• US and Iran agree on peace framework to end war and reopen Strait of Hormuz
• Deal includes US lifting blockade of Iran and Iran halting military operations in Lebanon
• Oil prices drop as deal terms remain unclear and Israeli strike complicates negotiations