00:00The United States and Iran have officially signed an interim agreement aimed at ending their months-long conflict.
00:06President Donald Trump and Iranian President Massoud Pazeshkian both approved the 14-point deal on Wednesday.
00:13The agreement extends the existing ceasefire by 60 days and reopens shipping through the vital Strait of Hormuz.
00:21Iran will allow international supervision of its enriched uranium stockpile while receiving sanctions relief and access to frozen assets.
00:30Despite the breakthrough, Trump warned that U.S. attacks could resume if Iran violates the agreement.
00:36Global oil prices initially fell on expectations of improved energy supplies before recovering after Trump's comments.
00:44G7 leaders welcomed the deal but also called for an immediate ceasefire in Lebanon, where violence continues.
00:52Negotiators now have 60 days to pursue a permanent settlement as the world watches for the next phase of diplomacy.
