USA and Iran plan peace
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The USA and Iran agree. There is a new deal. This means: Both countries want peace. The war must stop now. This applies to all fronts. The war also ends in Lebanon. Both countries sign the deal on Friday. They meet in Switzerland.
A part of the deal is the Strait of Hormuz. This is a narrow sea near Iran. Many oil ships sail there. The USA blocked this sea. The blockade stops now. Iran lets ships sail again. First they remove mines from the water. This takes 30 days.
The oil price falls. This helps the economy. Iran gets back frozen money. Sanctions also stop. Sanctions are trade punishments. Israel does not like the deal. The army of Israel wants to stay in some places. The US president Donald Trump likes the deal.
A part of the deal is the Strait of Hormuz. This is a narrow sea near Iran. Many oil ships sail there. The USA blocked this sea. The blockade stops now. Iran lets ships sail again. First they remove mines from the water. This takes 30 days.
The oil price falls. This helps the economy. Iran gets back frozen money. Sanctions also stop. Sanctions are trade punishments. Israel does not like the deal. The army of Israel wants to stay in some places. The US president Donald Trump likes the deal.
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Definitions
- Deal
- This is a first contract. It regulates important points for cooperation.
- Strait of Hormuz
- This is a narrow sea near Iran. It is important for oil ships.
- Sanctions
- These are trade punishments. A country cannot sell goods to another country.
People
- Donald Trump
- He is the president of the USA.
Locations
- Iran
- This is a country in Asia.
- USA
- This is a big country in North America.
- Lebanon
- This is a country in the Middle East.
- Switzerland
- This is a country in Europe.
Sources
la Repubblica
Guerra in Iran, news. Accordo Usa-Teheran: riapre Hormuz. Meloni: “Stop ostilità anche in Libano”
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Bild
Iran-Deal nach 107 Tagen: Donald Trump triumphiert, aber es gibt einen Haken | Politik
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The Guardian
US and UK central banks expected to keep interest rates on hold amid Iran peace deal
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The Guardian
Return to pre-crisis oil and gas supplies months away even if strait of Hormuz reopens
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