Oil tankers sailed through the Strait of Hormuz, and the United States said it lifted its blockade on Iran on Thursday as an interim deal to end the war took effect. This is despite key issues that remain unresolved between the two countries, with oil prices dropping to their lowest level since the war began on February 28.
However, Israel continued its war against Hezbollah in Lebanon, raising questions about whether the agreement would hold; while in Washington, some of President Donald Trump’s Republican allies in Congress questioned whether he had given up too much to end the conflict.
Iran’s Supreme Leader Ayatollah Mojtaba Khamenei said Trump signed the deal out of desperation and signalled that upcoming talks over Iran’s nuclear program would not be easy, stating that if the American side wants to be too demanding, they will not accept it. The deal gives negotiators 60 days to reach an agreement on the status of Iran’s nuclear program and establishes a $300 billion reconstruction fund for Iran.
The deal calls for the permanent termination of the war in Lebanon and for its territorial integrity and sovereignty to be ensured, but Israel, which was not part of the negotiations, has said it has no intention of withdrawing from Lebanon and released a new map showing an expanded occupation zone.
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