00:00U.S. and Iranian officials said Sunday that they've agreed on a framework to end months of war,
00:06reopen the Strait of Hormuz, and lift the U.S. blockade on Iran.
00:10The preliminary pact has sent oil prices falling,
00:13but leaves the fate of Iran's nuclear program to further negotiations.
00:17In a social media post, President Donald Trump declared the deal complete
00:21and told the ships of the world to start your engines, let the oil flow.
00:25Trump also wrote that the Strait would reopen upon the signing of the deal on Friday.
00:30Pakistan's Prime Minister Shabazz Sharif, who helped mediate,
00:34said the agreement includes an immediate halt to military operations.
00:38The agreement between the countries is scheduled to be officially signed on Friday in Switzerland.
00:43Iran's Supreme National Security Council said war and military operations on all fronts,
00:48including Lebanon, would end permanently starting on Monday night.
00:52There was no immediate reaction from Israel.
00:55which has said it was not party to the U.S.-Iran talks.
00:59Lebanon has been a major hurdle in the talks,
01:01with Israel and Hezbollah continuing to trade attacks despite repeated calls to de-escalate.
01:07Oil prices dropped more than 4 percent on early Asian trade,
01:11while Asian stocks climbed.
01:12But major questions remain.
01:15Iran's Deputy Foreign Minister said broader issues,
01:18including sanctions relief, will be negotiated during a 60-day ceasefire.
01:22The conflict has killed thousands in royal global energy markets,
01:27and the next phase of talks could prove decisive.
01:30It's a Marine who's been involved in the ban on the left of the list of podcasts,
01:30which is a lot more explosive.
01:32On behalf of the United Nations,
01:32the U.S. U.S. U.S. U.S. U.S. U.S. U.S. U.S. U.S. U
01:32.S. lower.
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