“The US-Iran ceasefire agreement is set to ease economic pressure on South Korea, but observers say the deal could present Seoul with a new set of challenges ranging from military contributions to pressure to participate in a multibillion-dollar reconstruction initiative. US President Donald Trump said this week that the Strait of Hormuz would be "completely open" from Friday, as Washington and Tehran prepared to formally sign a ceasefire memorandum of understanding in Geneva. US officials have d
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