News Summary

• The u.s. and Iran declare "the immediate and permanent termination of military operations on all fronts" The two sides also promise "not to initiate" any further war or operation against each other.
• Iran will use its "best efforts" to ensure the safe passage of commercial vessels traveling between the Persian Gulf and the Sea of Oman.
• The agreement also states that while sanctions will officially remain in place until a final deal is struck, the u.s. will issue waivers for the export of Iranian oil, petroleum and derivatives.