US-Iran peace accord takes effect

AI Summary

A peace accord between the United States and Iran has officially taken effect, with both presidents signing a 14-point memorandum of understanding to extend the ceasefire and initiate talks on a permanent peace deal. The agreement marks a significant step towards stabilizing relations and reducing conflict tensions between the two countries.

A US-Iran agreement to extend their ceasefire and begin talks on a permanent peace deal is now in effect, with the presidents of the two countries signing the 14-point memorandum of understanding, White House officials have confirmed.