The United States and Iran have reached an agreement in principle to end their ongoing conflict. The agreement comes in the form of a declaration of intent, with both nations expected to sign the document on Friday. According to US President Trump, the reopening of the strategically vital Strait of Hormuz is contingent upon the signing of this agreement. The details of the agreement remain undisclosed at this time, but it signals a potential de-escalation of tensions between the two countries. This development follows a period of heightened conflict, including attacks on oil tankers and the downing of a US drone. The signing ceremony is anticipated to mark a significant step towards a peaceful resolution. Further information regarding the specifics of the agreement and the timeline for the reopening of the Strait of Hormuz is expected following Friday’s signing.