Story highlights
- A key agreement has been reached between the United States and Iran, ending months of tensions.
- Under the agreement, the two countries agreed to stop hostilities and reopen the Strait of Hormuz.
- Further talks will be held on Iran's nuclear program, economic sanctions and security issues.
A key agreement has been reached between the United States and Iran, ending months of tensions. Under the agreement, the two countries agreed to stop hostilities and reopen the Strait of Hormuz. Further talks will be held on Iran’s nuclear program, economic sanctions and security issues. The decision is likely to provide relief to international trade as the Strait of Hormuz is of great importance in global oil transportation. The world is hoping that the agreement will bring peace and stability to West Asia. India has also welcomed the development.
