In another development, a potential agreement between Washington and Tehran hinges on US President Donald Trump's administration agreeing to release $24 billion in frozen Iranian assets, CNN quoted Mohsen Rezaei, an adviser to Iran's supreme leader, as saying on Friday. Iran has made a ceasefire between Israel and Hezbollah a condition for any peace deal with Washington to resolve the regional war, now in its fourth month, and restart shipping through the Strait of Hormuz.

Israel and Lebanon have agreed to a ceasefire brokered by the United States. This development offers hope for de-escalation in the ongoing conflict with Iran. Recent days saw…