The United States and Iran have signed a memorandum establishing a temporary ceasefire and reopening maritime traffic through the Strait of Hormuz. The document was signed electronically by U.

The US-Iran memorandum of understanding includes a 60-day ceasefire and Strait of Hormuz reopening, easing geopolitical risk across equities and crypto

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.