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Washington: A picture of some relief is now visible amid the long-running conflict between America and Iran in West Asia. Both countries have agreed to a ceasefire for two weeks. This gives hope that the attacks will stop for the time being, but it may take time for the situation to become completely normal.
The center of this entire agreement is the Strait of Hormuz. This is the sea route through which oil and gas is supplied to a large part of the world. The danger here had increased during the war, due to which concern had deepened at the global level. Now it has been agreed to open it.
Iran has assured that the movement of ships will be safe during this period. For this, monitoring will be maintained at the military level. However, nothing can be said clearly as to when the situation will become completely normal.
Pakistan's role has also come to light in this entire incident. The prime minister there said that this agreement is not limited to just two countries but is part of efforts for peace at the regional level. This indicates that negotiations took place at many levels behind the scenes.
After the ceasefire, the next step is talks. There is news that discussions can be held between the two sides in Pakistan's capital Islamabad. Here efforts will be made to convert temporary relief into a permanent solution.
Although an agreement has been reached, the situation is not completely calm. Alert is still on in many Gulf countries and security arrangements have been kept tight. It is clear that the situation still remains delicate.
This sea route was the most discussed in this entire conflict. It is considered the backbone of the world's energy supply. Any kind of tension here directly affects oil prices and the global market.
The impact of ever-increasing tension was not limited to politics only, but it also had an impact on global markets. The surge in oil prices and economic pressure forced both sides to come to talks.
At present it is a break of only two weeks. Many major issues still remain to be resolved, such as sanctions, military presence and nuclear programs. In such a situation, it is too early to say whether the peace will be permanent or not.
For now, it is certain that the situation has calmed down a bit but has not become completely stable.