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Economy News

The Economic Times

Economy / The Economic Times

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What we know and don't know about the possible deal to end the Iran war

The United States and Iran are close to a deal to end the ongoing war and reopen the vital Strait of Hormuz. Negotiations are progressing well, with both sides expressing optimism. The agreement aims to cease hostilities, allow global shipping to resume, and address Iran's nuclear program. Details are still being finalized, but a resolution appears within reach.

27 May 2026 7:48 am