BlockBeats News, August 26th: According to sources from the Pakistan military and Iranian security agencies speaking to the Russian Sputnik News, the U.S. and Iran have reached a consensus on the terms of a ceasefire agreement, which includes the free passage of the Strait of Hormuz. The sources stated, "A consensus has been reached on the ceasefire agreement, which includes a provision for the free passage of the Strait of Hormuz." Both parties are expected to announce the relevant details in the coming days. As per the Islamabad Memorandum, negotiations and a round of technical meetings will be initiated.

