US and Iran Sign Historic Ceasefire Memorandum
World
The signing of a preliminary peace agreement between Washington and Tehran marks a critical step toward ending full-scale hostilities in the Middle East and overcoming a profound global energy crisis. US President Donald Trump and Iranian President Masoud Pezeshkian have ratified a 14-point memorandum of understanding, which solidifies the extension of the ceasefire regime in place since April for an additional 60 days.
The document was signed by the American leader at the Palace of Versailles in France following his talks with French counterpart Emmanuel Macron, while the details of the agreement were read out by White House officials on the sidelines of the G7 summit in Évian.
The core provisions of the agreement include a complete cessation of military actions across all operational fronts, including the territory of Lebanon, the phased lifting of international sanctions against Tehran, and the creation of a specialized fund for Iran's postwar reconstruction. The armed conflict, initiated on February 28 by US and Israeli forces, resulted in thousands of casualties and paralyzed global hydrocarbon supplies due to Iran's de facto closure of the strategic Strait of Hormuz. Despite the diplomatic compromise achieved, Donald Trump and the US administration emphasized the temporary nature of the memorandum, stating that a final truce and the removal of restrictions are directly contingent upon Tehran's strict adherence to its obligations, reserving the right to resume military pressure in the event of violations.
The core provisions of the agreement include a complete cessation of military actions across all operational fronts, including the territory of Lebanon, the phased lifting of international sanctions against Tehran, and the creation of a specialized fund for Iran's postwar reconstruction. The armed conflict, initiated on February 28 by US and Israeli forces, resulted in thousands of casualties and paralyzed global hydrocarbon supplies due to Iran's de facto closure of the strategic Strait of Hormuz. Despite the diplomatic compromise achieved, Donald Trump and the US administration emphasized the temporary nature of the memorandum, stating that a final truce and the removal of restrictions are directly contingent upon Tehran's strict adherence to its obligations, reserving the right to resume military pressure in the event of violations.
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