en.Wedoany.com Reported - U.S. President Donald Trump announced that a Memorandum of Understanding (MOU) has been reached with Iran, ending the war against Iran and receiving approval "in concept and in detail" from all relevant parties, including the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, and several other Middle Eastern countries. Following this news, Brent crude oil for July delivery plunged to $88.74 per barrel.
The MOU extends the ceasefire for 60 days, covering Lebanon, during which nuclear negotiations will take place. According to Axios, the text includes a framework for handling Iran's enriched uranium stockpile. Trump stated that military operations against Iran's Kharg Island have been temporarily ruled out, and the blockade will continue until a final agreement is reached. The signing date has not been announced, but Trump hinted it could take place in Europe this weekend, with U.S. Vice President JD Vance in attendance.
Trump confirmed that Israeli Prime Minister Benjamin Netanyahu spoke with him by phone on Thursday evening (the 11th). The Israeli Prime Minister's Office stated that Netanyahu expressed appreciation for Trump's commitment to reaching a ceasefire agreement with Iran, which "will include the removal of enriched nuclear materials, dismantling of enrichment infrastructure, restrictions on missile production, and an end to Iran's support for terrorist organizations in the region." Israel is not a party to this MOU.
Iranian domestic media are skeptical of the agreement. Tasnim News Agency, affiliated with the Islamic Revolutionary Guard Corps (IRGC), noted that Trump has announced an imminent deal 38 times in the past two months. Iran's Fars News Agency, citing sources, reported that Iran has not agreed to any MOU with the United States, but later indicated a high likelihood that the Iranian leadership will approve the agreement.
The Qatari Emiri Diwan announced that Emir Sheikh Tamim bin Hamad Al Thani held a telephone conversation with U.S. President Trump. Trump stated that the main differences between the U.S. and Iranian proposals have been resolved. Qatari envoy Ali Al-Thawadi and Iranian Foreign Minister Abbas Araghchi are working to resolve three key issues that had hindered the previous proposal, including the unfreezing of Iran's frozen assets, of which over $24 billion is held by the UAE.
Iranian officials have informed multiple countries that, although the agreement has been approved in principle, Iran's Supreme Leader Mojtaba Khamenei has not yet given final approval. Trump expressed his belief that Khamenei has approved the agreement, which would lead to the opening of the Strait of Hormuz and the lifting of the U.S. blockade on Iranian ports. Trump called the agreement "a very solid memorandum of understanding" and discussed only the neutralization of 60% enriched uranium and a freeze on enrichment activities for 15 to 20 years.
Trump stated that the Strait of Hormuz would "open immediately, possibly on Saturday or Monday," adding that many U.S. ships and hundreds of millions of barrels of oil have already transited the strait.
Iran has not yet made a final decision. Iranian Foreign Ministry Spokesman Esmaeil Baghaei stated, "Iran will not abandon its red lines in the negotiations," and information regarding the signing date and location remains speculative.
According to Iran's Mehr News Agency, the comprehensive ceasefire agreement will include ending the fighting in Lebanon, an initial unfreezing of $12 billion in funds for Iran, with a total of $24 billion. The agreement will also lift U.S. sanctions on Iranian oil and petrochemical products and allow Iran full access to its frozen assets. Iran's ballistic missile program and its support for Middle Eastern allies such as Hezbollah will not be included in the negotiations. The final version will be approved by the UN Security Council.
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