The United States and Iran have reached a ceasefire deal under which the Strait of Hormuz will reopen toll-free to international shipping. A memorandum of understanding formalising the agreement is scheduled to be signed in Switzerland on Friday. President Donald Trump described the development as bringing the prospect of peace to the region, including Lebanon, where fighting has continued despite earlier truces.
Mediators led by Pakistan played a central role in the final stages of talks that followed a war which began with US and Israeli strikes on Iran at the end of February.
