President Trump and Iranian President Masoud Pezeshkian signed a memorandum of understanding to end the US-Iran war, with Iran agreeing to reopen the Strait of Hormuz and the US lifting its naval blockade. Critics argue the deal involved significant concessions from the US.
The agreement aims to de-escalate tensions in the Middle East, reopen a critical global shipping lane, and stabilize energy markets, though its long-term viability and the concessions made are subjects of debate.
President Donald Trump and Iranian President Masoud Pezeshkian have electronically signed a memorandum of understanding (MOU) to end the US-Iran war and stabilize global energy markets. The deal, dubbed the 'Islamabad MOU' by Pakistani Prime Minister Shehbaz Sharif, enters into force immediately, with Iran set to reopen the Strait of Hormuz and the US to lift its naval blockade. The agreement was signed at a dinner at the Palace of Versailles, attended by French President Emmanuel Macron and his wife Brigitte Macron. Observers note that Washington appears to have made greater concessions than Tehran, with analysts suggesting the US is more desperate to exit the conflict. The 14-point deal outline covers several critical issues for Iran. However, critics argue that the concessions made to return to the status quo ante indicate that the war itself was a costly mistake.