The memorandum of understanding with Iran largely amounts to American concessions to Iranian demands.

The US and Iran have signed a memorandum of understanding aimed at ending their nearly four-month war, senior US officials say, Reuters reported.

The US and Iran signed a digital memorandum of understanding to extend the ceasefire, reopen the Strait of Hormuz, and begin talks on $24B in frozen assets.

WASHINGTON -- The United States and Iran have electronically signed a memorandum of understanding aimed at ending the war, US media reported on Monday.

Explainer: U.S., Iran reach deal to end war -- what comes next?-