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The prospects for a U.S.-Iran peace deal are increasing as both nations engage in a 60-day memorandum of understanding to reduce hostilities. While President Trump maintains a 'peace through strength' approach, the movement of five Iranian vessels past U.S. blockade lines and falling global oil prices signal a potential de-escalation in the Strait of Hormuz. However, ongoing strikes in Lebanon and skepticism from U.S. lawmakers highlight the fragile nature of these high-stakes diplomatic negotiations.
