Iran war day 108: Iran, US reach a tentative deal to end conflict

EXPLAINERUS President Donald Trump and Iranian leaders say a deal has been agreed to end more than 100 days of war that killed thousands.United States President Donald Trump and Iran’s Deputy Foreign Minister Kazem Gharibabadi said on Sunday that they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Trump said the deal allows for toll-free shipping through the Strait of Hormuz, which has been largely closed since the US and Israel launched an assault on Iran on February 28.“The Deal with the Iran" class="entity-link entity-organization" data-entity-id="8614" data-entity-type="organization">Islamic Republic of Iran is now complete,” Trump wrote on Truth Social on Sunday.The US and Iran will sign a memorandum of understanding in Switzerland on Friday, said the prime minister of Pakistan, whose country has served as a mediator.Monday marks 108 days since the war began, with the US and Israel’s attacks on Iran. Here is what’s happening:What we know about the deal The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of new hostilities unless Iran reaches a deal, remained unclear. Strait of Hormuz to reopen: Iran’s semi-official Mehr news agency said the draft deal called for reopening the Strait of Hormuz within 30 days under Iranian arrangements. Trump, who turned 80 on Sunday, said the deal allows for toll-free shipping through the Strait of Hormuz, which has been largely closed since the US and Israel launched an assault on Iran on December 28. Frozen assets to be released: Iran’s Mehr news agency reported that the US would release $12bn in frozen assets to Iran before the start of negotiations. Iran’s enriched uranium: In an interview with The New York Times on Sunday, Trump said Washington was still negotiating whether Iran would suspend its enrichment for 20 years. Trump hinted that he might settle for a 15-year suspension, but said he did not want to negotiate via the press. Israel has not commented: There has been no official comment from Israel about the peace agreement.