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The US and Iran have finalized a memorandum of understanding to end their four-month war, reopening the Strait of Hormuz and initiating a 60-day cease-fire.
President Trump and Iranian officials have finalized a memorandum of understanding to end a four-month conflict that has rattled global markets and disrupted international shipping [2]. The agreement, confirmed Sunday, mandates an immediate end to military operations across all fronts, including Lebanon, and paves the way for the reopening of the Strait of Hormuz [2].
The deal follows months of volatile negotiations characterized by intermittent strikes and counterstrikes [1]. Under the terms, the U.S. will lift its naval blockade on Iranian ports, a move President Trump signaled by declaring, "Ships of the World, start your engines" [2]. While the full text remains unreleased, officials previously indicated the framework includes a 60-day cease-fire period [2]. A formal signing ceremony is scheduled for Friday in Geneva [2].
Despite the breakthrough, the agreement leaves the most contentious issues—specifically the future of Iran’s nuclear program and the status of U.S. sanctions—for future rounds of negotiation [2]. Administration officials had previously sought an indefinite commitment from Iran to dismantle its nuclear program, including the destruction of enriched uranium, but acknowledged that consistent compliance remains a significant hurdle [1].
The path to the agreement faced a late-stage collapse on Sunday after Israel conducted airstrikes in the southern suburbs of Beirut in response to Hezbollah rocket fire [2]. President Trump publicly criticized Israeli Prime Minister Benjamin Netanyahu for the timing of the strikes, calling for all parties to "stand down" [2]. The final deal was secured only after a last-minute mediation effort led by Qatar, with Iranian officials delaying their final approval until early Monday to avoid signing on the date of President Trump’s birthday [2].
The war, which was originally expected to last only six weeks, has cost billions of dollars and created significant supply chain pressures for commodities like fertilizer [1]. While the administration frames the deal as a step toward broader regional peace involving Israel and Gulf states, skepticism persists among regional observers regarding Iran’s long-term adherence to the terms [1].
With the immediate military campaign halted, the focus now shifts to whether the 60-day window will produce a lasting resolution or merely serve as a temporary pause in a deeply entrenched conflict. The ultimate success of the agreement rests on whether the two sides can navigate the unresolved nuclear and sanctions disputes before the cease-fire expires.
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