Iran and US reach a tentative deal to end war as Israel rules out withdrawing from seized land

The United States and Iran have reached a preliminary agreement to extend their ceasefire and reopen the Strait of Hormuz, a crucial passage for global oil and gas supplies. However, the deal faces challenges, particularly with Israel’s refusal to withdraw from land seized in Lebanon during its conflict with Hezbollah. Israel’s Defense Minister, Israel Katz, stated that Israel would remain in the territories it controls in Lebanon, Syria, and the Gaza Strip. The agreement also includes a 60-day period to address Iran’s nuclear program, a contentious issue since the U.S. withdrew from the 2015 nuclear deal. President Trump announced the reopening of the Strait of Hormuz but noted it would not occur until the agreement is signed. The situation remains tense, with potential for further conflict if Iran retaliates against Israeli actions. QUESTION: How might the reopening of the Strait of Hormuz impact global energy markets and international relations? 

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