US and Iran Sign Framework Peace Agreement in France

The United States and Iran have signed a preliminary peace agreement in France, marking a significant step towards ending hostilities between the two nations. The accord was formalized during a dinner between French President Emmanuel Macron and U.S. officials as part of the G7 summit.

Under the terms of the deal, both sides have agreed to immediately halt military actions. Iran has committed to opening the Strait of Hormuz for toll-free traffic for the next 60 days, a move expected to restore free trade and stabilize global oil markets. The United States has pledged financial support for Iran's post-conflict economic recovery and reconstruction, with a reported plan valued at approximately 28 lakh crore rupees (around $336 billion).

Iran has also agreed to maintain its current nuclear program under international oversight. The country will reduce the enrichment level of its stored uranium stockpile, subject to monitoring by the International Atomic Energy Agency (IAEA). The agreement outlines steps to end the conflict and restore economic cooperation between the two former adversaries.

The framework deal is seen as a breakthrough following months of tensions, though further negotiations are expected to finalize details. The agreement has been welcomed by international observers as a potential path to lasting peace in the region.