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US and Iran Agree to Peace Deal — Formal Signing Set for Friday in Switzerland
NDTV·Wednesday, 17 June 2026
The US and Iran are set to sign a peace deal in Switzerland on Friday, June 19. The 14-point agreement includes a permanent end to the war on all fronts, a nuclear clause, and a $300 billion reconstruction fund for Iran. Peace talks are set to span two months starting June 19.
Why It Matters
A US-Iran deal has already pushed oil prices lower globally, which matters for India — one of the world's biggest oil importers.
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