Trump says the war with Iran is coming to an end: the agreement has already been signed

15 June 22:39

U.S. President Donald Trump stated that the memorandum of understanding between the U.S. and Iran, intended to end the war in the Persian Gulf, has already been signed. According to him, the text of the agreement may be made public after the official signing ceremony, scheduled for Friday in Geneva. This was reported by Reuters, as noted by "Komersant Ukrainian"

What Trump said

Upon arriving in France for the G7 summit, Donald Trump stated that the agreement with Iran has already been finalized and signed.

“The agreement has been fully signed. And the strait is already partially open,” Trump said.

He was referring to the Strait of Hormuz—one of the key routes for transporting oil from the Persian Gulf. Its three-month blockade caused serious disruptions in the global energy market.

When asked when the text of the memorandum would be made public, Trump replied that it could happen shortly after Friday.

“Probably pretty soon. I’d say sometime after Friday. I think in the very near future,” he said.

When is the official signing scheduled to take place?

The official signing ceremony is scheduled to take place on Friday in Geneva. The city is located near Evian-les-Bains in the French Alps, where the G7 summit is being held.

According to reports from U.S. officials, the memorandum of understanding has already been signed by the U.S. and Iran. However, the full text of the document has not yet been released.

The U.S. is demanding that details be made public

Senate Minority Leader Chuck Schumer called on Trump to disclose the details of the agreement and hold a briefing for Congress.

“The American people deserve the details and full transparency—what exactly is in this ‘agreement’?” Schumer said.

He also asked whether U.S. troops would remain in the danger zone and what exactly the U.S. had gained as a result of the war and the agreement with Iran.

What the agreement entails

According to the parties, the agreement is intended to open the Strait of Hormuz and extend the ceasefire for 60 days. It is during this period that the U.S. and Iran are to discuss the most difficult issues.

Among them:

  • the future of Iran’s nuclear program;
  • the possible lifting or easing of sanctions;
  • terms of international monitoring;
  • economic guarantees for Tehran;
  • the situation in Lebanon and the role of Hezbollah;
  • security guarantees for Israel.

While the terms of the memorandum have not yet been published, U.S. officials state that any economic benefits for Iran will depend on Iran’s compliance with U.S. requirements to prevent the development of nuclear weapons.

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Iran’s nuclear program remains on hold

One of the main unresolved issues remains Iran’s nuclear program. It is this issue that is set to be the subject of further negotiations within the 60-day period.

U.S. Vice President J.D. Vance stated that a future agreement could provide Iran with access to a recovery fund of up to $300 billion. According to him, the funds are to be provided by Iran’s Arab neighbors in the Persian Gulf, but only on the condition that Tehran fulfills its obligations regarding nuclear material.

Iranian officials, who deny any intention to develop nuclear weapons, claim they have secured commitments from Washington to lift sanctions, unfreeze frozen assets, and compensate for war damages.

Why Lebanon Could Be a Problem for the Deal

Despite statements about an agreement between the U.S. and Iran, its fate may depend on the situation in Lebanon. There, Israel continues its confrontation with the Iranian-backed group Hezbollah.

According to security sources, following the announcement of the deal, the intensity of fighting in southern Lebanon has decreased, but it has not completely ceased.

Lebanese state media reported an Israeli drone strike on a vehicle in the town of Kfar Tebnit in the south of the country. There was no immediate comment from the Israeli military regarding this strike.

The Stances of Iran, Hezbollah, and Israel

Iranian Foreign Minister Abbas Arakchi stated that Israeli attacks against Lebanon must cease entirely. He also wrote on Telegram that the U.S. bears responsibility for implementing the framework agreement.

Hezbollah welcomed the agreement between the U.S. and Iran and stated that the inclusion of the Lebanese issue in the agreement demonstrates Iran’s desire to end the war and protect Lebanon’s rights.

Israeli Prime Minister Benjamin Netanyahu has not yet publicly responded to the U.S.-Iran agreement. Meanwhile, Israeli Defense Minister Israel Katz stated that Israel will remain in the occupied territories in southern Lebanon for as long as it deems necessary to eliminate threats.

How the markets reacted

News of a possible end to the war and the reopening of the Strait of Hormuz immediately impacted financial markets.

Oil prices fell by about 5% as investors began to price in reduced risks to global energy supplies. At the same time, stock markets rose, and some indices hit new records.

The reopening of the Strait of Hormuz could help alleviate the energy crisis caused by the war and disruptions to oil supplies from the region.

What Trump said about oil

The day before, Trump stated that an agreement with Iran should restore traffic through the Strait of Hormuz and lift the blockade.

“Ships of the world, start your engines. Let the oil flow!” he wrote.

This statement served as a signal to energy markets, which have been reacting to risks surrounding the Persian Gulf in recent months.

Does this mean the end of the war?

Despite Trump’s statements, the agreement remains a framework deal for now. Its text has not yet been made public, and the official signing ceremony is scheduled for Friday.

In addition, key issues—Iran’s nuclear program, sanctions, compensation, the role of Hezbollah, and the situation in Lebanon—still need to be resolved during the 60-day negotiation period.

Therefore, the current agreement is an important diplomatic breakthrough, but it does not guarantee a final and stable peace.

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