US and Iran Sign Preliminary Peace Deal to End War
The US and Iranian presidents signed an initial peace deal at the G7 summit in France. It aims to end the conflict immediately. The agreement covers reopening the Strait of Hormuz, a $300bn reconstruction plan, and lifting all US sanctions for 60 days. The nuclear issue will be negotiated through an extendable 60-day period. President Trump defended the deal as a way to avert an economic catastrophe. He warned that the US would act if no final agreement emerges. Iranian leaders remain distrustful and say their “finger is on the trigger.” The war has driven up energy prices and disrupted oil flows through Hormuz. I feel this agreement vindicates Obama’s previous diplomacy. In my view, Netanyahu influenced Trump’s approach. With rising fuel costs in the US, Trump may be seeking a quick win before November elections. It looks like a deal with the devil to secure votes.
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