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US says it has agreed with Iran to ‘stand down’ after trading strikes, reports say

BUSINESSCAPITAL NEWSMon, 29 Jun 2026
US says it has agreed with Iran to ‘stand down’ after trading strikes, reports say

On 17 June, the US and Iran signed a 14-point Memorandum of Understanding (MoU), which included an "immediate and permanent termination of military operations on all fronts".

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