This episode of The Guardian's Full Story podcast examines the announcement of a peace agreement between the United States and Iran, more than four months after the beginning of Operation Epic Fury.

The deal was jointly announced by US President Donald Trump and Iranian officials and is being presented as a significant step towards ending the conflict between the two countries.

One of the key outcomes highlighted is the expected reopening of the Strait of Hormuz, a strategically important maritime route for global energy supplies and international trade.The podcast features a discussion between journalist Nour Haydar and The Guardian's Washington DC bureau chief, David Smith.

They explore whether the agreement is likely to endure, the political and diplomatic challenges that could threaten its implementation, and the reactions emerging from both countries.

Particular attention is given to reports of dissatisfaction among Iranian hardliners, who are said to be angered by some of the terms agreed with the United States.The episode also focuses on the unusual political optics surrounding the announcement.On the same day that the peace deal was revealed, President Trump celebrated his 80th birthday by hosting a UFC event on the White House lawn.

The podcast contrasts the significance of a major geopolitical development with the highly public and entertainment-focused celebration, examining how Trump combines political messaging with spectacle.

Overall, the discussion analyses the potential implications of the agreement for regional stability, international relations, energy markets and domestic politics in both the United States and Iran.