Live: US and Iran sign agreement to end war

In a significant diplomatic development, the United States and Iran have signed a memorandum of understanding (MOU) aimed at bringing an end to their ongoing war. The agreement, confirmed by both the White House and Iran's Foreign Ministry spokesman Esmaeil Baghaei, also addresses the critical issue of reopening the Strait of Hormuz.

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The US and Iran have signed a memorandum of understanding (MOU) aimed at ending the war.

According to U.S. officials, the MOU was formally signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian. This landmark agreement signals a potential de-escalation of tensions between the two nations, which have been engaged in conflict.

The reopening of the Strait of Hormuz, a vital waterway for global oil transit, is a key component of the deal. Its closure or disruption has significant implications for international trade and energy markets.

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This has been confirmed by the White House and Iran's Foreign Ministry spokesman Esmaeil Baghaei.

Details surrounding the specific terms of the MOU and the mechanisms for ending the war and reopening the strait are expected to be released following the official confirmation and further announcements from both governments.

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The MOU was signed by US President Donald Trump and Iranian President Masoud Pezeshkian, according to US officials.