The United States and Iran are expected to finalize an interim peace agreement in Switzerland this Friday. The deal follows a tentative 60-day memorandum of understanding designed to reduce tensions over the strategic Strait of Hormuz.
The breakthrough, mediated by Pakistan, marks a significant diplomatic step toward de-escalating military confrontations. Key provisions reportedly include the cessation of the US naval blockade and the restoration of commercial traffic through the vital oil shipping corridor.
Despite the positive momentum, the specific timetable for a full ceasefire and shipping normalization remains undefined.