By Kylie MacLellan,  Farouq Suleiman and Dagmarah Mackos

Here’s what you need to know: 

1. The US and Iran say they have reached an agreement to end their war, although the precise terms are not immediately clear
2. A US official says the memorandum of understanding was signed by US President Donald Trump, Vice President JD Vance and Iranian parliament speaker Mohammad ​Bagher Qaliba
3. The official says the deal provides for an immediate opening of the Strait of Hormuz and lifting of the U.S. blockade on Iran
4. Iran says its nuclear program will be the subject of later talks
5. The pact may hinge on events in Lebanon, which has been a sticking point in negotiations
6. Israel says it will not withdraw from Lebanese territory it has seized and will retaliate if Iran attacks it due to events in Lebanon
7. Hezbollah welcomes the US-Iran deal, while Iran’s Foreign Minister Abbas Araqchi says there must be a complete halt to Israeli attacks against Lebanon