WASHINGTON: The United States and Iran have signed a memorandum of understanding to settle a near four-month war, senior US officials said on Monday (Jun 15), adding that a signing ceremony would take place

Deep divisions in Iran as regime hardliners and protesters reject the emerging deal

President Donald Trump said the Strait of Hormuz would reopen upon the deal’s signing on Friday.

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil…

The memorandum of understanding is scheduled to be officially signed on Friday in Switzerland.