4 minutes agoU.S. and Iran reach agreement - key points you should know
Periskopi(3 hours ago)
(3 hours ago)The US and Iran announced they have reached an agreement aimed at ending the hostilities, which will take effect Friday.
The complete text has not yet been published, and an official signing ceremony is scheduled to take place in Switzerland on Friday.
Here's what you need to know:
What the agreement contains: US President Donald Trump said the US is removing the naval blockade of Iranian ports and that Hormuz Strait will reopen after the agreement is signed Friday. He also said the agreement will ensure that the Hormuz Strait is"forever free of charge".
Various views: The US and Iran have conflicting messages about what will happen after the agreement is signed. Iran's deputy foreign minister said 60-day nuclear negotiations would begin only after the US release billions of dollars from frozen funds. An American official rejected Iran's claims.
Conflict in Lebanon: Israel has not yet commented on the deal. Trump criticised Prime Minister Benjamin Netanyah, calling him"a very difficult guy". Israeli forces launched air strikes in Beirut before the news of the deal came out.
Warning time: Trump unveiled the deal with Iran on his 80th birthday in the US, just hours before organising a UFC event at the White House to celebrate the country's next 250th anniversary.
Global Reactions: Leaders of other nations, including mediators Pakistan and Qatar, have welcomed the US-Iran agreement.
Market movements: The prices of crude Brant and crude American oil fell after the agreement was announced.. Both oil prices and global shares have been unstable after news of negotiations. /Telegraphy/
