Iran Deal Uncertainty

President Donald Trump says the United States and Iran have signed a memorandum of understanding intended to end more than three months of war, reopen the Strait of Hormuz and restart negotiations over Tehran’s nuclear program. The agreement, expected to be formally signed Friday in Switzerland, includes a 60-day halt to fighting, the lifting of a U.S. naval blockade and a phased reopening of the key oil chokepoint, though the full text has not been released. Trump touted the accord at the G7 summit in France, saying the deal was “all signed” and that Hormuz would be “completely open” by Friday, while Iranian officials said military operations would cease “immediately and permanently.” The deal’s ambiguity has left unresolved questions over enforcement, Lebanon, remaining nuclear material, sanctions relief and whether the fragile ceasefire can survive long enough to produce a broader settlement.