Trump signs a 14-point MOU with Iran at the G7 summit, reopening the Strait of Hormuz and setting a 60-day window for nuclear talks. Oil falls, Bitcoin

Trump warns Iran MOU is preliminary, not final, reserving the right to resume strikes. Bitcoin rose 3% on ceasefire hopes as Geneva talks approach.

Trump endorses the Iran MOU as strong and detailed, with a ceasefire extension, Strait of Hormuz reopening, and 60-day nuclear talks ahead. What it means