The United States and Iran reached a preliminary agreement on Monday aimed at extending their fragile ceasefire and reopening the Strait of Hormuz, although major issues remain unresolved, including the possibility of continued Israeli military action in Lebanon. No detailed terms of the deal were immediately made public, but it is expected to take effect only after formal signing. According to the mediator, Pakistan, the agreement is scheduled to be signed on Friday in Geneva. Until then, restrictions on shipping are likely to remain in place in the strait, a vital route for global oil and gas supplies whose closure…
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