General Information:

Yahweh continues speaking.

his ways

"their ways." Here "his" refers to the people of Israel.

"I will soothe and calm those who feel sad for the people's suffering because of their sinful behavior"

Here "fruit of the lips" refers to what a person says. AT: "I cause them to praise and thank me" (See: rc://en/ta/man/translate/figs-metonymy)

"I have made peace with them who are far off." The word "Peace" is repeated for emphasis.