Cyprus Mail15 Jun 2026

Iran, US agree to halt war and reopen Hormuz

The U.S. and Iran said they have agreed terms to end their war and reopen the Strait of Hormuz, news that brought relief to markets worldwide, although the pact may hinge on events in Lebanon and defers tricky talks on Tehran’s nuclear programme.

The framework deal marks the biggest breakthrough towards resolving a war that began with joint U.S.-Israeli strikes on Iran in February before escalating into a wider regional conflict that has killed thousands, upended energy markets and stoked...

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