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Summarized and contextualized by DistantNews.
At a glance
- U.S. President Donald Trump and Iran's president signed a deal to end the Middle East war, with Iran agreeing to dilute enriched uranium for economic relief.
- The agreement waives U.S. oil sanctions on Iran and promises facilitation of a $300 billion reconstruction fund upon a final nuclear program deal.
- Some U.S. allies and politicians expressed concern, with one senator calling it a "foreign policy blunder" as Iran's nuclear ambitions were not curbed.
U.S. President Donald Trump and Iran's president have finalized a deal aimed at ending the ongoing Middle East war, with Iran agreeing to dilute its enriched uranium in exchange for significant economic relief. The memorandum of understanding was signed by Trump during a dinner with French President Emmanuel Macron at the Palace of Versailles, following a G7 summit.
Just signed it
"Just signed it," Trump told reporters. Iranian Foreign Ministry spokesman Esmaeil Baqaei, quoted by state news agency IRNA, confirmed the document was "finalized with the signatures of the presidents." The deal seeks to conclude the war initiated on February 28 by the United States and Israel, which led to Iranian retaliatory missile and drone strikes and the closure of the Strait of Hormuz.
was finalized with the signatures of the presidents.
Washington commits to immediately lifting oil sanctions that have crippled Iran's economy. Furthermore, upon reaching a final agreement on Iran's nuclear program, the U.S. will facilitate the release of a $300 billion reconstruction fund, supported by regional nations. Iran's chief negotiator and parliament speaker, Mohammad Bagher Ghalibaf, described the deal as a "great victory" and a U.S. "failure," stating, "People will see it and judge."
Now it is time to test the implementation of the agreement
However, the agreement has unsettled some of Trump's domestic allies. U.S. Senator Bill Cassidy criticized the deal, arguing that Iran's nuclear ambitions were not curtailed and that the nation learned that threatening the Strait of Hormuz yields results. "Sanctions will be lifted, and the bombing has stopped. This is the worst foreign policy blunder in decades," Cassidy stated. The agreement is considered a temporary measure to allow for detailed negotiations on Iran's long-term nuclear program ambitions.
People will see it and judge
Originally published by Daily Star. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.