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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Iran's supreme leader, Mojtaba Jameneí, said Thursday that U.S. President Donald Trump sought the signing of the memorandum of understanding with "desperation" and that he was against the agreement but accepted it because of the insistence of Iranian President Masud Pezeshkian. "To reach this stage (the signing of the agreement), politicians, moved by sincere concern and goodwill, made great efforts; and, of course, it was the U.S. President who…
Signing off? Trump rushes to turn page on Iran war
Surprise! A stroke of a pen over dinner at Versailles pre-empting plans for that big Friday signing in Switzerland of an interim agreement between the United States and Iran. Coming off the G-Seven in France, we’ll ask why Donald Trump suddenly decided to get it over with and whether the region and the world can breathe a sigh of relief.
Iran's headlines on Thursday adopted a victorious tone following the signing of the US-Iran Memorandum of Understanding for the end of the war, some of which claimed that US President Donald Trump's military plans failed.
Earlier than expected, the Presidents of the United States and Iran signed an agreement on a peace solution, which is hardly really clear.
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