- The United States and Iran say they have a peace deal to end their war, with an official signing set for Friday in Switzerland — a move President Trump called "complete."
- Reported terms include an immediate ceasefire on all fronts, reopening the Strait of Hormuz "toll-free," lifting a U.S. naval blockade and a temporary freeze on Iran's nuclear activities while about $25 billion in frozen Iranian assets may be released.
- Israel is not party to the pact, and a recent Israeli strike in Lebanon raised tensions just before the planned signing.
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