Update on Iran

Source: World Economic Forum (video statements)

After nearly 50 years of on-off sanctions, proxy conflict and nuclear brinkmanship, tensions between the US and Iran reached an apex this year. As the situation evolves rapidly, many hope for a long-lasting peace agreement.

What would such an agreement look like and how would it affect the rest of the world?

https://www.youtube.com/watch?v=t1hyytVZZsQ