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So long as Iran is genuinely committed to dropping its nuclear program and the neighboring Gulf states are prepared to help enforce this deal, the U.S. is completely prepared to offer long-awaited sanctions relief to the people of Iran. Peace can only come if the Iranian regime is prepared to play by the same rules as everyone else.
This is likely yet another reported ceasefire agreement from the same outlet that announced incorrect looming deals dating back to early April. Between that and the U.S.'s repeated ceasefire violations and threats to bomb Oman, this announcement shouldn't be trusted until Washington backs it up with good faith actions.