Ceasefire reached with Iran, ending hostilities and opening Strait of Hormuz

President Donald Trump announced a ceasefire with Iran, ending hostilities and allowing ship passage through the Strait of Hormuz without tolls. The agreement includes conditions to prevent Iran from possessing nuclear weapons and paves the way for potential economic sanctions relief. However, Israel's ongoing war in Lebanon is not part of the U.S.-Iran deal, as Israeli Prime Minister Benjamin Netanyahu stated his country will not withdraw troops.