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The Big Story: Peace at last? US, Iran reach agreement to end war, lift naval blockade
The United States and Iran say they have reached a framework agreement to end their conflict, lift the US blockade on Iran and reopen the Strait of Hormuz, a vital global shipping route. The preliminary pact, brokered with the help of Pakistan, has already sent oil prices lower and raised hopes of a broader de-escalation in the Middle East. But while both sides are hailing the breakthrough, major questions remain unresolved, most notably the future of Iran's nuclear programme. With a memorandum of understanding expected to be formally signed in Switzerland on Jun 19, is this the beginning of…
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