US and Iran Reach Deal to End 107-Day Conflict

The United States and Iran have finalized an agreement to end a 107-day war, with a formal peace accord scheduled for signing in Switzerland on Friday. The deal includes a permanent cessation of military operations and the immediate removal of the U.S. naval blockade, allowing Iran to reopen the Strait of Hormuz and sell its oil, which is expected to strengthen its economy.

Iranian Deputy Foreign Minister Kazem Gharibabadi confirmed the agreement, stating it would not be implemented until the signing. The negotiations followed 14 hours of talks and were brokered by Pakistan, with U.S.

President Donald Trump announcing the removal of the blockade via social media. The conflict, which began on February 28, resulted in significant casualties and was marked by tensions surrounding Iran's nuclear program.

The deal aims to address outstanding issues related to this program in the coming months. Oil prices fell following the announcement of the agreement.