US, Iran to sign interim peace deal on Friday to trigger oil sanctions relief and full Hormuz reopening

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The US and Iran are set to sign an interim peace deal in Switzerland that will facilitate oil sanctions relief and the full reopening of the Strait of Hormuz, signaling a potential easing of tensions.

The United States and Iran will sign a temporary agreement on Friday in Switzerland to end the war, which will immediately allow Tehran to resume oil sales and see the Strait of Hormuz “fully open” by Friday, US President Donald Trump and other officials said on Tuesday. Speaking on the sidelines of the G7 summit […] The post US, Iran to sign interim peace deal on Friday to trigger oil sanctions relief and full Hormuz reopening first appeared on Dailynewsegypt.