US President Donald Trump
US President Donald Trump says a preliminary deal to end the war with Iran has already been signed and details will be released soon.
This comes ahead of a formal signing ceremony in Switzerland on Friday.
The US president says ships are starting to move again through the Strait of Hormuz.
US markets opened sharply higher after the news, and all prices have fallen since.
It is understood that the deal includes an end to military operations in Lebanon.
However, Israel says its forces will remain in the country indefinitely.
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