IT appears that despite confrontational rhetoric from both sides, a more long-term agreement on cessation of hostilities between the US and Iran may be within reach. Matters had heated up on Monday in what US President Donald Trump called “a little skirmish” between his country and Iran over the Strait of Hormuz, while the UAE was also rocked by alleged Iranian attacks. However, soon after these events there were signs of de-escalation, as Mr Trump said that the so-called Project Freedom — under which the US was supposed to escort vessels through Hormuz — was wound up in just about 24 hours. US Secretary of State Marco Rubio similarly said that Operation Epic Fury, the codename........

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