Iran and the US have signed a peace deal that will take immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade, Pakistan’s Prime Minister Shehbaz Sharif announced. Sharif, a chief mediator since the US and Israel entered the war with Iran at the end of February, made the announcement in a social media post on Thursday morning. “The Memorandum has been signed by honourable Presidents of both the countries and also endorsed by me as the mediator,” he...