Daily brief
Iran and the US have agreed to halt hostilities and reopen the Strait of Hormuz, causing oil prices to tumble. The deal follows preparatory meetings in Doha and is set to be signed soon, with world leaders expressing support. Oman has endorsed an international mission in the strait, while a report claims Qatar gave Iran billions under a secret US-backed deal to keep its ships safe.
Israel struck Beirut as world leaders backed the US-Iran deal, and the UAE launched a new AI authority.
France is in talks with the UAE as its defense plans with Germany fall apart.
Egypt and UAE leaders affirmed a unified stance on Arab security during a meeting in Cairo.
Kuwait announced 15-year residency permits for foreign investors, and a diplomat is set to inform Iraq's prime minister of Trump's support for his government.