The United States and Iran have formally signed an agreement establishing a temporary truce. A key component of the deal involves reopening the strategically vital Strait of Hormuz to international shipping. Both nations have committed to ending ongoing conflicts throughout the wider Middle East region, though specific details of implementation remain undisclosed. The agreement aims to de-escalate tensions that have been escalating for months, impacting global oil supplies and regional stability. This development follows reports suggesting Israel perceived the potential for a breakthrough as a threat to its interests. Further updates on the situation in the Middle East will be provided in a liveblog. The long-term impact of this agreement on regional dynamics remains to be seen.