Pakistan says Iran and US agree deal to open Strait and extend ceasefire

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President Trump announced that a deal with Iran is now complete, authorizing the toll-free opening of the Strait of Hormuz. According to Pakistan, leaders are expected to sign the agreement on Friday, which includes Tehran clearing mines from the waterway and Washington ending its blockade. This agreement to reopen the Strait and extend the ceasefire is anticipated to stabilize global oil markets, reduce shipping costs, and significantly ease existing geopolitical tensions between the involved nations.
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