CAIRO - Iran, the United States and Pakistan early Monday announced the finalization of the memorandum of understanding (MoU) on ending the war following weeks of negotiations, adding that it will be officially signed in Switzerland on Friday.

Iran and US are close to signing a non-binding MOU to extend the ceasefire by 60 days and reopen the Strait of Hormuz, with crypto market implications.

US and Iran appear close to a deal to end their war and reopen the Strait of Hormuz

Strait of Hormuz expected to reopen and US blockade to be lifted

A significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Strait of Hormuz. International leaders have…

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

What exactly has been agreed on? Much less than meets the eye.