Iran peace deal looms while new military action flares near Strait of Hormuz

By Parisa Hafezi, Phil Stewart and Steve HollandDUBAI/WASHINGTON, June 12 (Reuters) - The United States and Iran signaled on Friday that an agreement to endtheir warwas close, with a senior U.S. administration official saying both sides had agreed on a text and that Washington expects to sign an initial deal in the coming days.Iranian Foreign Minister Abbas Araqchi said that while changes in the deal were still possible, the tentative agreement showed his country had emerged stronger from the conflict.

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