US Hails Deal That Defers War Goals and Gives Iran Relief (opens original article in a new tab)

The Trump administration praised an interim deal with Iran to reopen the Strait of Hormuz, offering sanctions relief and potential economic benefits to Tehran, though nuclear program restrictions are deferred to future talks.

• The Trump administration hailed an interim peace deal with Iran to reopen the Strait of Hormuz, granting sanctions waivers and potential economic relief to Tehran.
• The memorandum of understanding does not restrict Iran's nuclear program, with discussions on nuclear issues set for future talks.
• Iran may gain access to $300 billion in development funds and unfrozen assets if it meets certain criteria, while the US denies contributing money to a rehabilitation fund.