Signing Off? Trump Rushes to Turn Page on Iran War
The 14-point memorandum ends active fighting and opens a 60-day window for a final deal, while allowing Iranian oil exports and a $300 billion fund.
- On Wednesday, President Donald Trump signed a 14-point agreement with Iranian President Masoud Pezeshkian at the Palace of Versailles, France, concluding his G7 trip and ending the military conflict.
- The memorandum commits the US and Iran to ending military operations, reopening the Strait of Hormuz, and degrading Iran's nuclear capability while establishing a $300 billion reconstruction fund supported by regional partners.
- Financial waivers under the deal allow Iran to export oil and access frozen assets, marking a significant shift from previous sanctions that choked Iranian oil exports and dealing economic blows to Tehran.
- French President Emmanuel Macron and NATO Secretary General Mark Rutte welcomed the deal as paving "the way for lasting peace," while Senate Minority Leader Chuck Schumer called it "one of the biggest American disasters."
- Technical negotiations must conclude within 60 days; former Israeli Consul General Alon Pinkas warned Iran will "gain power over the next two months" as oil inventories run dry and leverage increases.
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Catholic leaders hope end to Iran war is near after Trump, Iran reach agreement
WASHINGTON (OSV News) — Catholic leaders expressed cautious optimism about an end to the conflict in the Middle East after members of the Trump administration and Iranian officials signed a memorandum of understanding, a tentative framework to end the war in Iran. A memorandum of understanding is a formal yet legally non-binding agreement. U.S. and Iranian officials signed the MOU remotely. President Donald Trump signed the agreement June 17 at …
The sanctions against Iran could soon be relaxed, and it would be wrong to claim that this would only be a victory for the regime, and it could also help the opposition forces.
U.S. President Donald Trump urged all countries in the Middle East on Thursday to support negotiations following the signing of the memorandum of understanding with Iran to end the conflict in the region. “The U.S. is committed to peace and we encourage everyone in the Middle East region to maintain their commitment to ensure that our negotiations are conducted in a satisfactory manner. Markets are enjoying the current situation, with very low o…
When Donald Trump attacked Iran, it was a great success for the Republicans' traditional war hawks. Now when he negotiates a peace deal, the hawks are also pissed.
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