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Trump, Iran's President Sign Deal to End Mideast War
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia /Elections & Politics

Trump, Iran's President Sign Deal to End Mideast War

From Asharq Al-Awsat · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • U.S. President Donald Trump and Iran's president signed a deal to end a Middle East war.
  • Tehran will dilute enriched uranium in exchange for economic relief.
  • The agreement includes reopening the Strait of Hormuz and lifting a U.S. naval blockade.

In a significant diplomatic development, U.S. President Donald Trump and Iran's president have signed a deal aimed at ending the ongoing Middle East war. The agreement, finalized during a G7 summit at the Palace of Versailles, involves Tehran diluting its enriched uranium in return for substantial economic relief from the United States. The memorandum of understanding was signed following a candlelit dinner, with French President Emmanuel Macron and other leaders present. Prime Minister Shehbaz Sharif of Pakistan, who mediated the agreement, announced that it would take effect immediately. The deal seeks to de-escalate tensions that erupted on February 28 with a U.S. and Israeli-led war, prompting Iranian counterattacks and the closure of the Strait of Hormuz. Under the terms, Iran will reopen the vital waterway, and the U.S. will lift its naval blockade. Washington also commits to waiving oil sanctions crippling Iran's economy. A further commitment includes facilitating the release of a $300 billion reconstruction fund once a final agreement on Iran's nuclear program is reached. While Iran's chief negotiator Mohammad Bagher Ghalibaf described the deal as a U.S. "failure," China emphasized the importance of genuine implementation by all parties. The agreement is viewed as a temporary measure to allow for detailed negotiations on Iran's nuclear ambitions.

Just signed it.

โ€” Donald TrumpTrump's statement to reporters after signing the memorandum of understanding.
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Originally published by Asharq Al-Awsat. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.